Can Cryptocurrency Payment of Pensions Become a Popular Non-Standard Inquiry for the Russian Social Fund?
BlockBeats News, January 11th, the Customer Service Hotline of the Social Fund of Russia processed a total of approximately 37 million calls in 2025, with the majority being routine inquiries (such as pensions, social welfare, etc.). However, among non-standard questions, inquiries related to cryptocurrency saw a significant increase, becoming one of the most common inquiries. The most popular cryptocurrency questions include whether it is possible to receive a pension in cryptocurrency and whether mining income will affect social welfare calculations.
The Social Fund of Russia clearly stated in response that all pensions and social payments are currently only issued in rubles, and digital assets are not within the purview of the Social Fund. Cryptocurrency income and tax issues are handled by the Federal Tax Service of Russia. According to a Chainalysis report, Russia has become the largest cryptocurrency market in Europe, surpassing the UK and Germany. From July 2024 to June 2025, Russia received $376.3 billion in cryptocurrency inflows, a 48% year-over-year increase, far exceeding the $273.2 billion in the UK. Large transfers increased by 86% year-over-year, and DeFi activity grew 8 times in 2025.
You may also like
'Bottom building in progress': Analysts say bitcoin holder capitulation signals late-stage bear market
A Comprehensive Analysis: Starting from 1996, Who is Laying the Foundation for the Next Generation of Capital Markets
Luke Dashjr, the Biggest Anti-Spammer of Bitcoin, Inscribed Phrases on the Network in 2011
Whales bought 270,000 BTC while ETFs bled $7 billion. One side is wrong
The crypto IPO class of 2025-26 is down as much as 89%. Autopsy of a listing boom
Robinhood Chain Mining Guide: A Comprehensive Tutorial from Cross-Chain to Memecoin
BitGo CEO says single-digit percentages of bitcoin's supply are 'probably right' for large holders amid Strategy's sale
Beyond Private Keys: How to Safeguard the Security Boundaries of Web3 from Wallets, L2 to Supply Chains?
Vanguard Enters the Market, Opening a New Crypto Gateway for 50 Million Traditional Investors
Why the OUSD Alliance of 150 Companies Still Cannot Shake USDT and USDC?
Citigroup Analysis: Is There Still 47% Upside for Nvidia? Can Rubin and CPO Deliver?
WEEX API Fast Connect: Turn Every Sign-In Into a Live Trader in Under 10 Seconds
WEEX API Fast Connect is a one-click OAuth authorization system that lets your users link their WEEX account without ever touching an API key. Frictionless onboarding, faster conversions, higher retention — built for WEEX Broker partners.
Bitcoin's dwindling exchange reserves don't pack the same bullish punch anymore
From Le Mans to the Rollercoaster: Carl Moon Takes On Portimão
Crypto world renowned KOL and racing driver Carl Moon, backed by WEEX, heads to the Ferrari Challenge Portugal round at the Algarve International Circuit, July 16–19, fresh off a podium finish at Le Mans. Here's why this race is one to watch.
Fast execution. Split-second accuracy. Security that never blinks. That's WEEX — and that's exactly how Carl races.
