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Crypto exchange Binance opens trading to Syrians after US lifts sanctions

  • Following the recent removal of U.S. sanctions on Syria, Binance has enabled Syrian users to access its cryptocurrency trading platform.
  • The removal of sanctions came after a new government assumed control in Syria in December, following prolonged turmoil and decades of economic limitations imposed by foreign powers.
  • Syrian users now have complete access to Binance's platform, enabling them to buy and sell cryptocurrencies through the Syrian pound and trade a wide range of over 300 digital assets, including stablecoins.
  • Binance described cryptocurrency as a crucial resource for many, highlighting that Syria has around 24 million residents and a significant diaspora exceeding 8 million people.
  • This expansion could aid Syria’s economic reintegration and access to financial tools amid ongoing recovery efforts.
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Crypto giant Binance launches in Syria after U.S. sanctions lift

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CryptoNewsZ broke the news in on Thursday, June 12, 2025.
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