Can I buy or use cryptocurrency in Norway?
MiCA rules, licensed providers, tax and risk.
Short answer
You can buy and own cryptocurrency in Norway, and since 1 July 2025 crypto services have been regulated by the EU MiCA rules through the Crypto-Assets Act. Providers need authorisation, so Finanstilsynet advises checking the register first. All income from crypto is taxable and must be reported in your tax return.
Why
- Finanstilsynet states that the Crypto-Assets Act has applied in Norway from 1 July 2025, and Norges Bank notes that the European rules apply in Norway through this act.
- Crypto-asset service providers need authorisation from Finanstilsynet, and AK Jensen Norway AS became the first Norwegian firm authorised under MiCA, from 2 February 2026.
- Skatteetaten says all income from virtual assets is taxable, and that gains, income or wealth in crypto must be entered in your tax return.
Details
Crypto is not legal tender in Norway: Norges Bank lists only krone notes and coins as legal tender. Finanstilsynet warns that crypto investments carry very high risk, that you can lose the whole investment and that you cannot count on compensation schemes. It also warns of many fake crypto projects and scam attempts.
Tip
Before you use an exchange or broker, check ESMA's MiCA register or Finanstilsynet's register that it is authorised, and which services the authorisation covers.
People also ask
- Is cryptocurrency legal in Norway?
- Is there a Bitcoin ATM in Oslo?
Sources
- Finanstilsynet: AK Jensen Norway AS becomes Norway's first CASP firmChecked at:
- Finanstilsynet: Warning and fact sheet on crypto-assetsChecked at:
- Finanstilsynet: Statement on the MiCA transitional arrangementsChecked at:
- Skatteetaten: Virtual assets (cryptocurrency and more)Checked at:
- Norges Bank: Legal tender notes and coinsChecked at:
This answer is for reference only. Rules can change, so check Finanstilsynet and Skatteetaten before you invest.
Related questions
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How do I find the IBAN for my Norwegian bank account?
You find the IBAN for your Norwegian account in your bank's online bank or app under the account details, and also on your account statement.
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Why did my hotel or car rental company block money on my card in Norway?
Hotels and car rental companies reserve money on your card as security, and the reservation is released once the final amount is settled.
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How do I pay a Norwegian invoice with a KID number from abroad?
To pay a Norwegian invoice from abroad, make an international transfer to the payee's IBAN and BIC and enter the KID number as the payment reference.
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Do Norwegian banks charge an annual fee for debit cards?
Yes, banks such as DNB charge an annual fee for an adult debit card, currently NOK 295 a year, while cards for children and young people are free.