The valuation $v(f(t))$ is given by the number of times $t$ divides the power series $f(t)$. The norm is then defined accordingly, i.e. one may define it by setting for example $|f(t)| := e^{-v(f(t))}$. (More generally, this kind of construction whenever you take a Dedekind domain and consider some nonzero prime ideal of it. In this case the ring is $\mathbb{C}[[t]]$ and the ideal is $(t)$. The case where the domain is $\mathbb{Z}$ and the ideal is $(p)$ gives the usual case of $\mathbb{Q}_p$).