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Binance opens doors to Syrian traders as U.S. sanctions lift

Binance opens doors to Syrian traders as U.S. sanctions lift

Date: 2025-06-12 07:51:20 | By Eleanor Finch

Binance Opens Doors to Syria: A New Era of Crypto Trading Unleashed!

Syrian Residents Gain Full Access to Binance's Crypto Services

Binance just dropped a bombshell - they're ready to roll out the red carpet for Syrian crypto enthusiasts! The crypto giant is throwing open its doors following the U.S. waving goodbye to its sanctions on Syria. This move is set to change the game for Syrian traders!

In a fiery announcement, Binance confirmed that Syria's been yanked off the "prohibited country" list. Now, Syrian residents can jump right into the action, signing up and diving into the world of crypto like never before.

Get this - Syrian traders can now get their hands on everything from spot and futures trading to staking and earn products. Plus, they've got Binance Pay for zipping money across borders and educational content in Arabic to boot!

"We're ready to onboard and empower Syrian residents with full access to our arsenal of products and services," the exchange roared in its notice.

Remember back in May 2025 when President Trump announced the U.S. would lift the sanctions? That was after Syria's new president, Ahmed al-Sharaa, pulled off a stunning coup against Bashar al-Assad in December 2024. Assad had been running the show since 1971, but now, the game's changed.

"I'm calling off the sanctions on Syria to give them a shot at greatness," Trump declared in a fiery statement.

With those sanctions in the way, Binance couldn't let Syrian traders in on the action. But now? It's a whole new ball game. Binance is eyeing the untapped Syrian market like a hawk, and for good reason - Syria's been in the top 10 for crypto search activity worldwide since 2021!

The surge in crypto interest in Syria? It's all about the economic rollercoaster and sky-high inflation that's got Syrian residents turning to underground financial systems to dodge the shaky local currency.

"We're thrilled to throw our weight behind Syria's economic revival and help fuel its digital economy, all while playing by the international rules and regs," Binance declared with pride.

Back in 1979, the U.S. and a bunch of other countries slapped the "State Sponsor of Terrorism" label on Syria thanks to the wild al-Assad regime, which locked down arms deals and financial moves, including any foreign help. That meant crypto exchanges like Binance couldn't officially set up shop or serve Syrian residents.

And get this - at the start of this year, the Syrian government threw down the gauntlet, announcing plans to dive into Bitcoin (BTC) and other crypto legalization. They're looking to use digital currencies to rebuild their economy after the war's devastation.

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