Binance, the world’s leading cryptocurrency exchange, has officially resumed services in Syria following a major shift in U.S. foreign policy. The announcement, made on June 12, 2025, marks Binance as one of the first global platforms to return to the country since sanctions were lifted.
A Full Suite of Crypto Services Arrives in Syria
This move gives Syrian users unprecedented access to the global crypto economy. Key features of Binance’s return include:
- Access to over 300 digital assets, including Bitcoin, XRP, Dogecoin, Toncoin, and multiple stablecoins.
- Integration of the Syrian pound, allowing direct fiat-to-crypto transactions.
- Availability of Binance’s complete product lineup: spot and futures trading, staking, interest-earning options, and Binance Pay.
- Mandatory Know-Your-Customer (KYC) compliance, along with educational resources in Arabic to guide new users.
These offerings represent the most comprehensive crypto access Syrian users have ever experienced.
U.S. Sanctions Suspended Following Regional Push
Binance’s re-entry follows a significant political development: President Trump’s decision in May to suspend sanctions on Syria via the Treasury Department’s General License 25. This action came after pressure from Saudi Arabia and coincided with the rise of Syria’s new Islamist-led interim government. The country is now focused on rebuilding its infrastructure after more than a decade of civil conflict.
Financial Inclusion in a Post-War Economy
Syria’s reopening aligns with broader goals to reconnect to the international banking system and attract foreign capital. In a nation still grappling with hyperinflation and currency collapse, cryptocurrencies offer an alternative store of value and new payment mechanisms.
Notably, Syria ranked among the top 10 countries worldwide for crypto-related search interest back in 2021. Binance’s return taps into that latent demand while providing tools for long-term financial resilience.