Behold, the Norwegian Tax Administration has struck gold-or should we say, Bitcoin? In 2024, a staggering 73,000 souls confessed their crypto sins, a 30% leap from last year’s feeble attempts at secrecy. 🤡
Imagine, in a land of 5.5 million, 6,470 people once claimed to own digital assets in 2019. Now? A bustling crowd of 73,000, clutching $4 billion in crypto like it’s the last loaf of bread in a famine. 🍞💸
“Gratifying,” declared Tax Director Nina Schanke Funnemark, as if she’d just discovered the joy of mandatory reporting. Her “measures” include terrorizing citizens into honesty, a strategy as subtle as a sledgehammer. 🛠️
The grand total? $4 billion in holdings, $550 million in gains (for now), and $290 million in losses (for the brave). By 2026, exchanges will be forced to play nice with third-party reporting, because nothing says “trust” like government surveillance. 👀
Norway’s sovereign wealth fund, meanwhile, dabbles in crypto like a toddler with a Rubik’s cube-randomly, but with enough money to make you jealous. 7,161 BTC via Coinbase and friends. Chess moves, anyone? 🏰♟️
Countries’ tax authorities fighting to handle crypto reporting
Joining Norway’s noble crusade, the UK sent 65,000 letters to crypto cheaters, because nothing says “tax compliance” like a friendly threat. 📧🔥
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2025-10-29 01:02