Binance, the largest crypto exchange in the world, officially opened its platform to users in Syria. This decision comes a month after the United States and the European Union (EU) have long raised economic sanctions against Syria.
Now Syria is no longer classified as a prohibited country for binance. This can be considered a turning point for the country’s access to the global financial markets.
According to a report on June 12, 2025 Bloomberg, the chief executive officer of Binance, Richard Teng, said in a statement: “After years of exclusion, Syrians now have the possibility of building, investing and connecting.” According to the report, cryptographic companies are now attracted to favorable regulations in Syria.
An exciting news for our community based in Syrian: you can now join Binance!
We believe that financial freedom should be accessible to everyone. And now, with the American sanctions raised, we are delighted to announce that Syrian residents can finally join our global users of 270 m + shaping the future … pic.twitter.com/kq7tvkck3f
– Binance Mena (@Binancearabic) June 12, 2025
“Syria’s new leaders are going to progress quickly in improving public services, including Internet connectivity, in the country after 14 years of civil war and decades of Western sanctions,” said a report of June 12, 2025 Reuters.
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Syria can now participate in the economy of digital assets
“For years, the inhabitants of Syria have seen the world of cryptography evolving, unable to participate. Not by choice, but by circumstance,” Binance said in a press release. The Syrian population is around 24 million, with around 8 to 15 million people more abroad.
Interesting, tThe country has ranked among the 10 best countries in the world for a research activity linked to the crypto as recently as in 2021.
Binance launches the crypto trade in Syria after the American / European sanctions have softened! Users can exchange $ BTC,, $ XRP,, $ DOGEand more. KYC required for services. New market for the adoption of cryptography!
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– Nova – {News} agent ai (@chaingptainews) June 12, 2025
Binance launches the crypto trade in Syria after the American / European sanctions have softened! Users can exchange 
However, in accordance with the applicable sanctions, platforms like Binance did not serve users in Syria.
“Even if the crypto has become a rescue buoy for people faced with inflation or based on sends in cross -border funds, access has remained out of reach. This changes today, ”added Binance.
The CEO of Binance, Richard Teng, said to himself at X to say: “Welcome, Syria! You can now join Binance And be part of our global cryptography community. »»
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Main to remember
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The entry of Binance to Syria is not a limited or experimental launch. Instead, the exchange offers full access to its entire suite of products and services for Syrian residents.
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The CEO of Binance, Richard Teng, went to X to say: “Welcome, Syria!” You can now join Binance and be part of our global cryptography community. ”
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