- Binance restores full platform access for Syrian users after U.S. sanctions suspension.
- Syria removed from Binance’s Prohibited Countries list following General License 25.
- Crypto interest in Syria remains high as access returns amid ongoing economic struggles.
Binance has reopened access to its digital asset platform for Syrian residents, signalling a major policy shift that follows the latest suspension of U.S. sanctions over Syria. The move will allow individuals living in Syria access to the full range of Binance services, including crypto trading, staking, stablecoin transfers, and educational content.
This development is a direct result of the U.S. Treasury’s introduction of Syria General License 25, which now permits a broad range of transactions that were previously restricted under the Syrian sanctions regulations. For years, U.S. sanctions blocked many cryptocurrency platforms from operating in Syria. Binance, like other global exchanges, had prohibited Syrian users from registering or trading in compliance with international restrictions. And from now on, the Binance has now officially removed Syria from its list of Prohibited Countries.
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Syrian residents are now eligible to use over 300 digital assets on the platform, including Bitcoin (BTC), Ripple (XRP), Dogecoin (DOGE), Shiba Inu (SHIB), Toncoin, and Bitcoin Cash (BCH). Binance’s services, including spot and futures trading, staking products, and cross-border transfers through Binance Pay, are also now available in Syria.
High Demand for Crypto in Syria Driven by Years of Economic Pressure
Syria’s ongoing economic challenges have significantly shaped demand for alternative financial tools. With a population of approximately 24 million and millions more living abroad, the country has faced persistent inflation and currency instability. Crypto-related search activity in Syria ranked in the global top-10 as recently as 2021, despite the formal restrictions.
With access now restored, residents can use the platform’s more than 300 digital assets, including Bitcoin (BTC) and major altcoins. The services now available include spot and futures trading, staking products, and cross-border transfers through Binance Pay, which could provide a crucial lifeline for a population that relies heavily on financial transfers from abroad.
A Closer Look at the New U.S. Sanctions Exemption
The U.S. Department of the Treasury’s General License 25 has now authorized transactions to resume involving Syrian individuals and entities that were previously prohibited on or before May 13, 2025.
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This includes petroleum imports, investment opportunities, and select banking operations. Transactions with the Central Bank of Syria are authorized in some instances. However, some restrictions remain in place, particularly around foreign aid and exports subject to U.S. controls.
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