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Binance Breaks Barriers: Crypto Giant Reopens Services in Syria Amid Sanctions Relief

Binance Breaks Barriers: Crypto Giant Reopens Services in Syria Amid Sanctions Relief

Author:
Coingape
Published:
2025-06-12 11:40:22
8
1

Sanctions thaw unlocks digital asset access for war-torn nation—just as global regulators start eyeing crypto’s ''humanitarian loopholes.''

Binance flips the switch

After years of geopolitical limbo, Syria rejoins the crypto economy. No fanfare, no press release—just quietly restored deposit/withdrawal options for a population starved for financial infrastructure.

The unspoken calculus

Western sanctions crumble faster than fiat currencies these days. When even compliance teams smell opportunity in reconstruction markets, you know the money flow’s irreversible. (Cue thinkpieces about ''blockchain diplomacy.'')

Regulators scramble

Watchdog jaws drop as DeFi outpaces foreign policy. ''We meant sanctions should hurt citizens less!'' sputters some IMF desk jockey—right before checking their own cold wallet balance.

Bottom line: Capital always finds a way. Even when it’s denominated in shitcoins.

Binance Reopens to Syria as Sanctions Ease

Binance has reopened its platform to users in Syria after the suspension of U.S. sanctions. The country has been officially removed from Binance’s Prohibited Countries list, giving Syrian residents full access to trade, invest, and participate in the global crypto market. With this change, Syrians can now join over 270 million users worldwide on the Binance platform. The move marks a major step toward broader crypto inclusion and opens up new financial opportunities for individuals in the region.

|Square

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