Russian citizens consult the government on whether pensions can be paid in cryptocurrency

According to Odaily, the Russian Social Fund saw a significant increase in non-standard inquiries related to cryptocurrency among the 37 million hotline calls it handled in 2025. The main topics of consultation focused on whether Russian citizens can receive pensions in cryptocurrency, and whether income from cryptocurrency mining would be included in the calculation of social benefits. The Fund responded that all pensions and social payments are issued in rubles, and issues related to cryptocurrency taxation and income are handled by the Russian Federal Tax Service. In addition, 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 Central Bank of Russia has proposed allowing retail investors to purchase up to 300,000 rubles of certain cryptocurrencies per year, provided they pass a test.