Binance welcomes Syria after US sanctions

Published on:

Binance, one of the world’s largest cryptocurrency exchanges, has become one of the first commercial platforms of cryptocurrencies that began in Syria after the sanction of the US and the European Union in May.

Syrian residents can now access the binance platform and trade cryptographic resources such as Bitcoin (BTC), the company announced June 12.

The premiere is the Secretary of US state Marco Rubio on May 23 decision raise sanctions against Syria, followed by the EU lifting All economic restrictions for the country.

Fragment of Binance announcement on launch in Syria on June 12, 2025. Source: Binance

“According to the applicable sanctions of the platforms such as Binance, they did not serve users in Syria before,” noted Binance, adding that Syria is no longer classified as a country prohibited under its conditions of employ with the latest sanction relief.

Spot, P2P, Futures trade available after kyc

The introduction of Binance in Syria has full access to access, enabling Syrians to trade at least 300 tokens, including Bitcoin, XRP (XRP), Dogecoin (Doge), Shiba Inu (Shib), Toncoin (Ton) and Bitcoin Cash (BCH).

All services, including point trade, Peer-to-Peer (P2P) stock exchange, Futures transactions and earning programs, are only available after the Binance Know Your Client (KYC), Binance Mena Mena Highlighted In the advertisement on X.

United States, Syria, Binance, Sanctions, Politics
Source: Binance Mena

In addition, Syrian users will also be able to employ Binance remuneration for sleek cross -border messages and access to adapted educational content in Arabic.

According to In 2010, in 2010, Syria had a population of 21.4 million, with an estimated GDP per capita of USD 2810. According to He stays outside Syria in 2016 to some estimates to 13 million Syrians.

This is a developing story, and further information will be added as far as possible.

Warehouse: Bitcoin $ 110,000 “Bull Trap”, James Wynn loses USD 25 million BTC: Hodler’s Digest, June 1-7

Related

Leave a Reply

Please enter your comment!
Please enter your name here