licencemap
Informational only, not legal advice. Verify with qualified counsel before acting. Full disclaimer

Matrix / Norway

🇳🇴 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) E-Money (EMI)
Last verified 2026-07-02 Next review 2026-07-16

Data verified: oldest cell 1 day ago (verified 2026-07-02). Individual cells show their own verification date below.

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 2026-07-02 Source: 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 2026-07-02 Source: Finanstilsynet: https://www.finanstilsynet.no/en/finanstilsynets-registry/details/?id=214054

Capital requirement 🔒

Unlock capital requirement with Pro

Timeline to authorisation 🔒

Unlock timeline to authorisation with Pro

Local substance 🔒

Unlock local substance with Pro

Application cost 🔒

Unlock application cost with Pro

Ongoing cost 🔒

Unlock ongoing cost with Pro

Passporting 🔒

Unlock passporting with Pro

MiCA CASPs approved 🔒

Unlock mica casps approved with Pro

Key restrictions 🔒

Unlock key restrictions with Pro

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.

Verified 2026-07-02 Source: Finanstilsynet: https://www.finanstilsynet.no/nyhetsarkiv/nyheter/2026/ak-jensen-norway-as-blir-norges-forste-casp-foretak/

Difficulty rating 🔒

Unlock difficulty rating with Pro

The decision numbers for Norway are one step away

Capital, timeline, costs, substance, passporting, restrictions and difficulty, with sources and verification dates. Deciding now? The one-off Founder Pass (£349) unlocks everything for 30 days. The free showcase jurisdiction shows you the exact format and quality first.

See pricing See the free jurisdiction first

Track Norway

Get an email when this regime changes, fee schedules, capital rules, transition deadlines.

Informational only, not legal advice. Entries marked as placeholder or awaiting verification must not be relied on. Confirm all requirements with Norway's regulator and qualified local counsel before acting.