Inquiries about pensions in crypto are on the rise in Russia, with the Social Fund receiving a significant number of non-standard requests. However, all pensions and social payments are issued in rubles, and digital assets fall outside the Fund’s purview. Taxation related to crypto income is handled by the Federal Tax Service.

Russia has become the leading crypto market in Europe, surpassing the UK and Germany. Institutional activity and DeFi usage have contributed to this rise, with Russia receiving $376.3 billion in crypto between July 2024 and June 2025. Retail and DeFi adoption have also seen significant growth in the country compared to the rest of Europe.

The Bank of Russia has proposed changes to allow non-qualified investors to purchase certain cryptocurrencies under strict conditions. Retail investors would need to pass a knowledge test and would have an annual investment cap of 300,000 rubles. Qualified investors would have broader access, excluding privacy coins, and would also need to complete a knowledge assessment.

Read more at Cointelegraph: Russians Ask if Pensions Can Be Paid in Crypto as Adoption Rises