🔥 Key Takeaways
- Russia’s Social Fund received a significant number of crypto-related inquiries in 2025, totaling 37 million calls.
- The inquiries primarily concerned pension payments in digital assets and the recognition of mining income.
- A senior Kremlin official, Maxim Oreshkin, has advocated for classifying mining as an export activity, sparking debate.
Russia Sees Surge in Crypto Inquiries Amid Mining Income Debate
Russia’s Social Fund has been inundated with crypto-related questions, with a total of 37 million calls fielded in 2025. The majority of these inquiries pertained to pension payments in digital assets and the recognition of mining income. This surge in interest comes as the debate surrounding the classification of mining as an export activity heats up, with senior Kremlin official Maxim Oreshkin weighing in on the matter.
Mining Income Recognition and Export Classification
The classification of mining as an export activity has significant implications for the crypto industry in Russia. If mining is recognized as an export activity, it could potentially lead to more favorable regulations and tax treatment for miners. This, in turn, could boost the growth of the crypto industry in Russia, attracting more investment and talent to the sector. However, the debate is ongoing, and the outcome remains uncertain.
Implications for the Crypto Industry
The influx of crypto-related inquiries to Russia’s Social Fund highlights the growing interest in digital assets among the Russian population. As the crypto industry continues to evolve, it is likely that regulatory frameworks will need to adapt to accommodate the changing landscape. The outcome of the mining income debate will be closely watched by industry players, as it has the potential to shape the future of crypto in Russia.
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