Russians Ask if Pensions Can Be Paid in Crypto as Adoption Rises
Russian citizens are frequently asking the Social Fund if pensions can be paid in cryptocurrency.Summary
The Social Fund of Russia, which manages the public pension system, has received a significant number of non-standard inquiries regarding cryptocurrency payments, including whether pensions can be received in digital assets and if mining income affects benefit calculations. Operators clarified that all payments are issued in rubles and directed questions about crypto income and taxation to the Federal Tax Service. This trend coincides with Russia becoming Europe's largest crypto market, receiving $376.3 billion in crypto between July 2024 and June 2025, driven by increased institutional activity, DeFi growth, and strong retail adoption. Furthermore, the Bank of Russia recently proposed allowing non-qualified investors to purchase a limited set of liquid crypto assets after passing a knowledge test.
(Source：Cointelegraph)