Odaily Planet Daily News: Among the 37 million hotline calls handled by the Russian Social Foundation in 2025, there has been a significant increase in non-standard inquiries related to cryptocurrencies. The inquiries mainly focused on whether Russian citizens could receive pensions in cryptocurrency and whether income from cryptocurrency mining would be included in social welfare calculations. The foundation responded that all pensions and social payments are issued in rubles, and issues related to cryptocurrency taxation and income are the responsibility of the Federal Tax Service of Russia. In addition, a Chainalysis report showed 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 worth of specific cryptocurrencies annually, subject to passing certain tests.
Russian Citizens Ask Government About Using Crypto for Pensions
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Summary
Russian citizens are increasingly inquiring with the government about the use of cryptocurrency for pensions, with 37 million calls to the Social Fund in 2025. The questions mainly focused on crypto-based pensions and the treatment of mining income in social welfare. The fund clarified that all payments are made in rubles, and taxes on cryptocurrency are handled by the Federal Tax Service. A Chainalysis report noted $376.3 billion in cryptocurrency inflows to Russia in the past year, making it the largest cryptocurrency market in Europe. The Central Bank is considering allowing retail purchases of cryptocurrency up to 300,000 rubles annually, pending further testing. Liquidity and cryptocurrency markets in Russia continue to expand amid ongoing regulatory review. Developments under the EU's MiCA framework may also influence future regulatory approaches.
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