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Russian citizens inquire with government about whether pensions support cryptocurrency payments

2026-01-11 12:15

Odaily News According to the Russian Social Fund, among the 37 million hotline calls processed in 2025, there has been a significant increase in non-standard inquiries related to cryptocurrencies. The inquiries primarily focus on whether Russian citizens can receive pensions in cryptocurrency and whether cryptocurrency mining income will be included in social benefit calculations. The foundation responded that all pensions and social payments are disbursed in rubles, and cryptocurrency-related tax and income matters fall under the jurisdiction of the Federal Tax Service of Russia. 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.