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.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
The Market Structure Bill has been a central focus in crypto regulation discussions. Although it…
The XRP price is showing encouraging signs of stabilization after enduring heavy selling pressure throughout…
The ENA price has demonstrated a remarkable rebound after a steep decline earlier this month.…
In August 2025, Valour Inc., a subsidiary of DeFi Technologies listed on Nasdaq, launched the…
The crypto industry is witnessing an increasing number of deals as investors show growing interest…
Crypto and politics are colliding again. Senate Democrats are demanding answers from Steve Witkoff, Donald…
