Trade iShares MSCI South Korea ETF in Norway

This page answers one question for Norway: how a resident actually gets EWY exposure, and what the rules say.

Is iShares MSCI South Korea ETF trading legal in Norway?

Spot crypto is lawful and now expressly regulated. Norway implemented MiCA through its own Act on crypto-assets (kryptoeiendelsloven), which was sanctioned in the Council of State on 27 May 2025 and entered into force on 1 July 2025, together with amendments to the Money Laundering Act implementing TFR II.

Holding, buying and selling crypto is legal for a Norwegian resident; what is regulated is the provider. The transitional period has closed: Finanstilsynet published ESMA's statement that the MiCA transitional period expires on 1 July 2026 and that crypto-asset service providers without authorisation should immediately wind down their business in an orderly way, stop onboarding new customers and limit services to what is strictly necessary for an orderly wind-down.

What the contract is

The contract itself does not change by geography: a EWY perpetual settles in USDC everywhere.

Sign up on Canborsa with email, X or a wallet

No document upload to open the account. Canborsa is non-custodial: your collateral stays under your own keys until a position opens.

Email X Wallet

Fund the account with USDC

Deposit USDC over Canton, Robinhood Chain, Ethereum, Base, BNB Chain or Arbitrum. Canborsa takes no fiat, so buying the USDC happens wherever you normally buy stablecoins.

→Robinhood Chain

Open EWY-PERP

Pick EWY in the markets list. The ticket shows the live price, the current funding rate and max leverage 10x .

EWY-PERPPerpetual · USDC marginLONG

Choose Buy / Long, then set size and leverage

Buying $1,000 of EWY at 5x uses $200 of collateral. Higher leverage moves the liquidation price closer to your entry: your exposure is the position size, whatever margin you posted. Set a stop-loss below your entry before you walk away.

22 percent capital income tax on gains from virtual assets, plus wealth tax. Virtual assets such as cryptocurrency, digital tokens and other digital values count as property (formuesobjekter) for tax purposes and all income from them is taxable. Every realisation is a taxable event - selling, and equally swapping one virtual asset for another, is a realisation; a gift transfer is not.

Trading EWY from Norway: legal.

Norway traders can fund iShares MSCI South Korea ETF positions using Vipps, Bank transfer (SEPA/domestic NOK) and BankID-verified bank login.

Norway residents can trade iShares MSCI South Korea ETF on 11 platforms, including ApeX, Aster and Avantis.

Canborsa offers up to 10x leverage on iShares MSCI South Korea ETF for traders based in Norway.

Canborsa charges 0.07% per side (0.14% round trip) on iShares MSCI South Korea ETF.