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.
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.
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.
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.
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.
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.
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.
XRP is currently stuck in a tricky situation as its price struggles to pick a…
Bitcoin’s price has been moving sideways in recent sessions, but a big breakout could be…
XRP is once again making headlines as the odds of a Spot XRP ETF approval…
The memecoin world is going through a big transformation. Where tokens once thrived purely on…
The meme coin market is heating up like never before—and 2025 might just be the…
Years ago, XRP traded under a penny, shrugged off by many who didn’t fully grasp…
