Svalbard and Jan Mayen follow Norwegian financial regulation including the Markets in Crypto-Assets Regulation (MiCA), with clear regulatory oversight by Finanstilsynet ensuring financial stability and consumer protection.
| Status | Legal |
| Risk Score | 28/100 (Moderate Risk) |
| Region | europe |
| Currency | NOK |
| VAT on Crypto | No |
No explicit crypto tax details provided on the regulator page; Norwegian tax rules likely apply.
| Required | Yes |
| Regulator | Finanstilsynet |
| Framework | Markets in Crypto-Assets Regulation (MiCA) |
| Ease | medium |
| Cost | N/A |
Licensing and authorization are required under Norwegian financial regulation overseen by Finanstilsynet.
Status: regulated
DeFi activities are regulated under the broader Norwegian financial regulatory framework.
Status: regulated
Stablecoins are regulated under the Markets in Crypto-Assets Regulation (MiCA) as part of Norwegian financial law.
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity | $0.15/kWh |
| Renewable | 30% |
| Infrastructure | good |
Mining is legal with moderate electricity costs and 30% renewable energy; infrastructure is good due to Norwegian standards.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 85/100 |
| Banking Access | open |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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