Binance resumes operations in Syria after the easing of U.S. sanctions

Binance has reopened access to its digital asset platform for residents of Syria, indicating a significant shift in policy following the recent lifting of U.S. sanctions against Syria. This move will allow individuals living in Syria to access the full range of Binance services, including cryptocurrency trading, staking, stablecoin transfers, and educational content.

This event is a direct result of the U.S. Department of the Treasury's issuance of the Syrian General License 25, which now permits a wide range of transactions that were previously restricted under Syrian sanctions regulations. Binance, like other global exchanges, had prohibited Syrian users from registering or trading in accordance with international restrictions.

Now, residents of Syria can use over 300 digital assets on the platform, including Bitcoin (BTC), Ripple (XRP), Dogecoin (DOGE), Shiba Inu (SHIB), Toncoin, and Bitcoin Cash (BCH). Binance services, including spot and futures trading, staking products, and cross-border transfers via Binance Pay, are now also available in Syria.