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Cryptocurrency News Articles

Binance Reopens Access to Syrian Users Following Sanctions Shift

Jun 12, 2025 at 11:01 pm

Binance has officially reopened its platform to residents of Syria, marking a major milestone in crypto accessibility for the region. This move follows the recent suspension of U.S. sanctions that previously restricted digital asset services to Syrian users.

Binance Reopens Access to Syrian Users Following Sanctions Shift

Binance has officially reopened its platform to residents of Syria, the exchange announced on Wednesday.

This move follows the recent suspension of U.S. sanctions that previously restricted digital asset services to Syrian users. As a result, Syria is no longer classified as a Prohibited Country under Binance’s Terms of Use.

For years, Syrians were excluded from the global crypto economy due to international restrictions, despite increasing reliance on crypto for inflation protection and cross-border remittances.

With this policy update, Syrian users can now access the full suite of Binance services, joining a global network of over 270 million users.

Full Access to Crypto Trading, Payments, and Education

The exchange's users in Syria can now trade over 300 cryptocurrencies, including major assets like Bitcoin (BTC), XRP, Dogecoin (DOGE), Shiba Inu (SHIB), Toncoin (TON), and Bitcoin Cash (BCH). Binance is also offering access to spot and futures trading, staking and earn products, and stablecoin markets.

Binance Pay is available for low-cost, borderless transfers—an essential feature for a population heavily dependent on remittances.

To support adoption, Binance is also providing educational content in Arabic and localized customer support to help Syrian users onboard safely and confidently.

A New Chapter for Financial Inclusion

The decision to re-enable access underscores crypto’s growing role in global financial inclusion, especially in regions affected by economic instability or sanctions.

By offering secure, localized support and educational resources, Binance aims to empower Syrian users to participate in the digital economy on equal footing with the rest of the world.

"We are committed to providing equal opportunities for all users to participate in the Web3 revolution," said a Binance spokesperson. "This policy update is a testament to our dedication to fostering an inclusive and accessible ecosystem where everyone can harness the transformative power of blockchain technology."

The exchange is also making efforts to expand into other Middle Eastern markets. Earlier this year, Binance launched its services in Turkey following the introduction of new crypto regulations in the country.

The post Binance Opens Access to Syrian Users Following Sanctions Shift appeared first on Benzinga.

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