Binance Opens Access to Syrian Users After U.S. Sanctions Are Lifted

On June 12, Binance exchange confirmed it resumed its services for users in Syria. This followed a change in U.S. policy that affected crypto restrictions on Syria. The U.S. Treasury’s OFAC issued General License 25 on May 23, 2025, easing many sanctions. Residents in Syria no longer fall under prohibited country rules in terms of use. This shift marks a major step toward expanded financial inclusion in the region. Users can access educational content in Arabic tailored for local communities. Binance CEO Richard Teng commented on this development via X. He said, “Welcome, Syria! You can now join Binance and be part of the global crypto community.”

Localized Education and Support to Accompany Platform Access

Binance exchange said it will offer Arabic educational materials and local support for new users. This initiative aligns with global regulatory changes after the U.S. suspension of key sanctions. The platform also plans safety guides to help Syrians navigate digital asset management securely. These resources aim to support broader financial inclusion for underserved populations. This approach may strengthen trust in regulated digital finance. The change reflects a response to rising demand for secure remittance channels.

Syrian residents can now trade over 300 crypto tokens such as BTC, XRP, DOGE, SHIB, TONCOIN, and BCH. They also gain access to Spot and Futures trading, staking products, stablecoins, and Binance Pay. Binance Pay supports low-cost cross-border remittances to neighboring countries. The Binance exchange ensures compliance with applicable rules to prevent illicit activities. These offerings reflect broader efforts to improve access to regulated financial tools for Syrians. Arabic onboarding support aims to reduce entry barriers for first-time digital investors. Stakeholders will likely monitor trading volumes and user growth metrics closely.

Lifting Barriers After Years of Sanction-Induced Isolation

Before this policy update, Syrians faced major barriers to accessing global crypto services. U.S. sanctions kept most exchanges from serving residents in Syria. This situation limited the growth of the Syrian crypto market despite rising local demand. Economic crisis and hyperinflation had driven crypto interest to the top 10 global search rankings. Now they can rely on secure tools instead of unverified local exchange services. This change may reshape remittance habits across Syria and the diaspora. These updates may encourage international investors to consider opportunities in Syria’s rebuilding economy.

General License 25 Enables Broader Economic Activity in Syria

General License 25 now permits many transactions previously barred under Syrian Sanctions Regulations. It authorizes services to and from Syrian individuals and companies. This includes new investment ventures, petroleum imports, and banking transactions. Dealing with the Central Bank of Syria also gains authorization in many cases. Nevertheless, some U.S. restrictions remain in place, including foreign aid and export controls. This legal shift may influence recovery efforts in the country’s fragile economy. Observers caution that evolving regulations could still introduce new compliance hurdles.

Women’s Use of Crypto Highlights Broader Shift in Financial Access

A recent report highlighted that around 500,000 women used Binance exchange to send $4 billion in cross-border payments last year. This trend underlines growing trust in blockchain for inclusion among underserved groups. In regions with limited banking, digital assets serve as dependable financial alternatives. For Syrian residents, these services could offer safer remittance options and new investment models. As more people engage, the Syrian crypto market may see increased legitimacy and stability. Such developments suggest digital assets could reshape financial ecosystems in conflict zones.