Russian citizens have increasingly inquired about the possibility of receiving pensions in cryptocurrency, as reported by the Russian Social Foundation. In 2025, the foundation noted a surge in non-standard inquiries among the 37 million hotline calls, focusing on crypto-related pension payments and the inclusion of crypto mining income in social welfare calculations. The foundation clarified that pensions and social payments are issued in rubles, with cryptocurrency taxation and income matters falling under the Federal Tax Service's jurisdiction.
A Chainalysis report highlighted Russia's significant crypto market activity, with $376.3 billion in cryptocurrency received between July 2024 and June 2025, positioning it as Europe's largest market. Meanwhile, the Central Bank of Russia has proposed allowing retail investors to purchase up to 300,000 rubles worth of specific cryptocurrencies annually, contingent on passing certain tests.
Russian Citizens Inquire About Crypto Pensions Amid Rising Market Activity
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
