Binance, the largest exchange exchange in the world, has opened its official platform for users in Syria. This step comes a month after the United States and the European Union (European Union) lifted long -term economic sanctions on Syria.
Now Syria is no longer classified as a banned country. This can be considered a turning point to reach the country to the global financial markets.
“After years of exclusion, the Syrians now have the opportunity to build, invest and communicate,” said Richard Ting in a statement. According to the report, encryption companies are attracted to positive regulations in Syria now.
An exciting news for our Syrian community: You can now join Binance!
We believe that financial freedom should be accessible to everyone. Now, with the lifting of US sanctions, we are excited to announce that the Syrian population can finally join our 270 m global users+ formed the future … pic.twitter.com/kq7tvkkk3f
– Binance Mena (Binancearabic) June 12, 2025
“The neo -Syrian leaders aim to make rapid progress in improving public services, including the internet connection, in the country after 14 years of civil war and contracts for Western sanctions,” said the Reuters report on June 12, 2025.
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Syria can now participate in the economy of digital assets
“For years, people in Syria have seen the crystallization world developing, unable to participate. Not by choosing, but by circumstances,” Binance said in a press release. The population of Syria is about 24 million, and is estimated at another 8 to 15 million people abroad.
It is interesting, tIt was ranked among the top 10 countries in the world for the research activity related to encryption in 2021.
Binance launches the trading of encryption in Syria after the sanctions of the United States/European Union! Users can trade $ BTCand $ Xrpand $ DogeAnd more. KYC is required for services. A new market to adopt encryption!
Read the full article
https://t.co/vrebwpg5tt
– Nova – {News} AI Agent (Chaingptainews) June 12, 2025
https://twitter.com/drcrypto__x/status/1933084398393397516
However, in compliance with the applicable sanctions, it did not serve platforms like Binance users in Syria.
“Even when Crypto has become a lifestyle for people who face inflation or rely on transfers across the border, it has been reaching within reach. This changes today.
Binance CEO Richard Ting took over to X to say.Hello, Syria! You can now join Binance Be part of the global encryption community. “
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Main meals
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The entry of Binance into Syria is not a limited or experimental absolute. Instead, the stock exchange provides full access to a full range of products and services for Syrian residents.
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Richard Ting, CEO of Binance, took over, X to say, “Hi, Syria! You can now join Binance and be part of our global encryption community.”
Post Binance opens trading in Syria after the United States, and the European Union lifting sanctions first appeared on 99bitcoins.