Russian Citizens Inquire with Government About Whether Pensions Support Cryptocurrency Payments
Odaily News: Among the 37 million hotline calls handled by the Russian Social Fund in 2025, there has been a significant increase in non-standard inquiries related to cryptocurrency. The inquiries primarily focus on whether Russian citizens can receive their pensions in cryptocurrency and whether cryptocurrency mining income will be included in social benefit calculations. The fund responded that all pensions and social payments are disbursed in rubles, and matters concerning cryptocurrency-related taxes and income fall under the purview of the Russian Federal Tax Service. Additionally, a Chainalysis report shows that Russia received $376.3 billion in cryptocurrency between July 2024 and June 2025, making it the largest cryptocurrency market in Europe. Currently, the Russian central bank has proposed allowing retail investors to purchase up to 300,000 rubles worth of specific cryptocurrencies annually, subject to passing a test.
