News View Non-AMP

Binance Now Live in Syria After Sanctions Lifted

Published by
Mustafa Mulla

After many years of being shut out from the global crypto space, Syrian residents can now finally use Binance, one of the world’s biggest crypto platforms. This happened because the U.S. removed some sanctions on Syria. 

Making this a big turning point for millions of users who were once left on the sidelines of the digital economy.

Binance Opens Doors For Syrian Residents

For a long time, Syrians had to watch from a distance as the crypto industry grew rapidly across the world. The local currency lost value, and many people had to depend on money sent from family members living abroad. 

Some even turned to crypto to protect their savings. But they couldn’t use major platforms like Binance due to the sanctions. That all changes now.

With the restrictions lifted, Binance has removed Syria from its list of prohibited countries. This move doesn’t just reopen access, it signals a fresh start for Syrians who can now use crypto tools to improve their financial lives.

Binance even says it will help new Syrian users through educational tools and support in Arabic. Their goal is to make sure everyone can use crypto easily and safely.

What Syrians Can Do Now on Binance

With the ban lifted, Syrian users can now tap into the full suite of Binance services,  from spot and futures trading to staking, stablecoins, and even Binance Pay for cross-border payments. 

The platform has also introduced Arabic educational resources to help new users learn how to navigate crypto safely and confidently.

Whether it’s buying Bitcoin, sending USDT to family abroad, or earning yield on crypto holdings, Syrians can now do it all within Binance’s secure environment — just like the rest of the world’s 270 million users.

Crypto Interest Was Already High in Syria

Even before these U.S. sanctions, Syria ranked high in crypto-related internet searches. That shows how interested people already were in learning about digital currencies. 

Many just needed a safe and legal way to get started. Now they finally have that chance.

FAQs

Does cryptocurrency work in Syria?

While there was no clear legal framework, and the Central Bank of Syria had previously warned against virtual currencies, the lifting of U.S. sanctions and Binance’s re-entry effectively means cryptocurrency can now work for Syrian residents through major platforms, facilitating trading and remittances. Some reports also indicate Syria is considering legalizing Bitcoin.

What is the current crypto regulatory framework in Syria?

Syria’s crypto regulatory framework is evolving. While the Central Bank of Syria had previously warned against virtual currencies, the recent lifting of U.S. sanctions and entry of major exchanges like Binance signal a practical shift towards allowing crypto activities. There isn’t yet a comprehensive, publicly detailed law on crypto assets themselves, but discussions around legalizing Bitcoin are ongoing.

Is cryptocurrency taxable in Syria?

Based on available information, there is no specific, publicly detailed cryptocurrency tax law in Syria at this time. Traditional tax laws apply to income and capital gains, but explicit regulations for crypto income/gains are not yet clear.

Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Recent Posts

Pump.fun Price Surges – Is $0.0075 Possible?

Pump.fun has walked into October with a powerful burst, as its price jumps up by…

October 1, 2025

Metaplanet Expands Bitcoin Holdings to 30,823 BTC

Japanese Bitcoin treasury firm Metaplanet has added 5,268 BTC to its reserves, pushing its total…

October 1, 2025

Trump Family’s USD1 Stablecoin Set to Launch on Aptos Network

Donald Trump Jr. and WLFI CEO Zach Witkoff announced that World Liberty Financial’s USD1 stablecoin…

October 1, 2025

Bitcoin Holds $114K While Ethereum ETFs Remain Flat Amid Government Shutdown

On September 30, both spot ETFs, Bitcoin, and Ethereum, sharply dropped in inflows. According to…

October 1, 2025

How the U.S. Government Shutdown Could Impact XRP ETF Approvals

The U.S. government officially shut down at midnight on Tuesday after lawmakers failed to pass…

October 1, 2025

ASTER Price Analysis – Is This the Dip Before the Next Breakout?

The crypto market is buzzing with excitement over ASTER, a project that’s managed to pull…

October 1, 2025