Norway's tax authority announced a significant rise in cryptocurrency tax reporting for 2024, with over 73,000 individuals declaring holdings exceeding $4 billion. This marks a 30% increase compared to 2023. The Norwegian Tax Administration credits this surge to enhanced compliance measures, including public awareness initiatives and streamlined reporting tools. The reported figures include $550 million in gains and $290 million in losses. Starting in 2026, crypto exchanges and custodians will be mandated to provide third-party reports to the tax authority, aiming to boost transparency further.