OKX Banner
BTC $72,814.00 (-3.44%)
ETH $1,972.03 (-4.36%)
BNB $634.11 (-2.73%)
XRP $1.28 (-3.57%)
SOL $80.26 (-3.67%)
TRX $0.37 (-1.90%)
DOGE $0.10 (-3.11%)
HYPE $57.12 (-4.45%)
LEO $10.00 (-0.54%)
ZEC $536.58 (-4.79%)
RAIN $0.01 (+23.53%)
ADA $0.23 (-3.69%)
XMR $382.53 (+0.50%)
BCH $330.47 (-3.10%)
LINK $8.83 (-5.45%)
CC $0.15 (-1.98%)
XLM $0.17 (+15.16%)
TON $1.78 (-7.05%)
LTC $50.63 (-2.39%)
M $2.96 (-1.68%)

Falkland Islands (Malvinas) vs Norway

Crypto regulation comparison

Falkland Islands (Malvinas)

Falkland Islands (Malvinas)

Norway

Norway

No Data
Legal

-

Cryptocurrency is legal in Norway and regulated by Finanstilsynet. Norway taxes crypto capital gains at 22% and includes crypto holdings in the annual wealth tax calculation (net wealth above NOK 1.7M taxed at ~1.1%). VASPs must register with Finanstilsynet. Norway is an EEA member and aligning with MiCA through the EEA agreement.

Tax Type Unclear
Tax Type Wealth and capital gains
Tax Rate N/A
Tax Rate 22% (gains) + 1.1% (wealth)
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator Finanstilsynet (Financial Supervisory Authority)
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation; general financial rules apply
Key Points

-

Key Points
  • Crypto capital gains taxed at 22% flat rate
  • Crypto included in wealth tax base (~1.1% on net wealth above threshold)
  • VASPs must register with Finanstilsynet and comply with AML/CFT requirements
  • Norway is a major crypto mining hub due to cheap hydroelectric power
  • EEA member; MiCA implementation expected through EEA Agreement adaptation
Sources

-