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🇳🇴 Norway

EEA edge case: Finanstilsynet has issued MiCA authorisations (AK Jensen, Firi) but Norway's status in ESMA's interim register is inconsistent with national records

Crypto (CASP / VASP) E-money (EMI)
Last verified 2026-08-15 Next review 2026-08-29

Data verified: oldest cell 46 days ago (verified 2026-07-02). Individual cells show their own verification date below.

Capital requirement Capital requirement is included with access. Included with access Timeline to authorisation Timeline to authorisation is included with access. Included with access Application cost Application cost is included with access. Included with access Passporting Passporting is included with access. Included with access

Licence type

MiCA CASP authorisation applies to Norway via the EEA Agreement (Norway is not an EU member but MiCA is being incorporated into the EEA framework). Notably, Norway's first authorised firm, AK Jensen Norway AS, was approved under MiCA Article 60 (the simplified route for existing authorised investment firms/securities firms to add crypto-asset services) rather than a fresh standalone CASP application, illustrating that Norway's incumbent-firm pathway is active even before/alongside full standalone CASP processing.

Verified 2 days agoSource: Finanstilsynet: https://www.finanstilsynet.no/nyhetsarkiv/nyheter/2026/ak-jensen-norway-as-blir-norges-forste-casp-foretak/

Regulator

Finanstilsynet (the Financial Supervisory Authority of Norway), sole competent authority for CASP authorisation and supervision, operating under the EEA-incorporated MiCA framework rather than as an EU member state authority.

Verified 2 days agoSource: Finanstilsynet: https://www.finanstilsynet.no/en/finanstilsynets-registry/details/?id=214054

Recent changes

AK Jensen Norway AS became Norway's first MiCA-authorised firm (Article 60 route), effective 2 February 2026. Firi, the largest Nordic crypto exchange (400,000+ users), was authorised by Finanstilsynet in May 2026, becoming one of the first full standalone Nordic crypto exchanges under the new framework. Norway's national VASP registry is being wound down ahead of the 30 June 2026 EEA-wide MiCA transitional deadline. Finanstilsynet's own announcements date the first Article 63 authorisations precisely: Tyr Markets AS applies from 18 May 2026 and Firi AS from 22 May 2026 (announced 29 May 2026); Norwegian Block Exchange AS followed on 30 June 2026.

Verified 16 days agoSource: Finanstilsynet (Tyr Markets): https://www.finanstilsynet.no/nyhetsarkiv/nyheter/2026/tyr-markets-as-far-tillatelse-som-casp-foretak/ ; (Firi): https://www.finanstilsynet.no/nyhetsarkiv/nyheter/2026/firi-as-far-tillatelse-som-casp-foretak/ ; Finanstilsynet: https://www.finanstilsynet.no/nyhetsarkiv/nyheter/2026/ak-jensen-norway-as-blir-norges-forste-casp-foretak/

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Not legal advice. Entries marked placeholder or awaiting verification shouldn't be relied on. Verify with Norway's regulator and qualified local counsel before acting.