Crypto giant Binance has expanded its footprint into Syria, taking swift action after recent U.S. and EU policy shifts cleared the path for engagement.
The exchange now offers full trading access to Syrian users, including spot, futures, and peer-to-peer markets, alongside its Binance Pay remittance service.
The move comes shortly after U.S. Secretary of State Marco Rubio lifted economic sanctions on May 23, followed by the European Union’s decision to drop all remaining restrictions.
With Syria no longer flagged as a restricted region under Binance’s compliance framework, users can now access the platform—provided they complete identity verification via Know Your Customer (KYC) checks.
Syrian traders gain entry to over 300 tokens, including Bitcoin, XRP, Dogecoin, SHIB, Toncoin, and Bitcoin Cash. Binance is also rolling out Arabic-language educational content to help new users understand crypto tools and risks.
This re-entry marks a milestone for the war-torn country, where financial infrastructure has long been strained. With millions of Syrians still abroad and remittances playing a crucial economic role, Binance’s presence could offer a new lifeline for cross-border payments and digital financial access.
FTX Trading Ltd. and the FTX Recovery Trust have announced August 15, 2025 as the official record date for their next round of distributions.
Tesla stunned investors in Q2 2025 with a $1.2 billion profit, nearly tripling its previous quarter’s net income.
Block Inc. (NYSE: SQ) officially joined the S&P 500 on July 23, replacing Hess following its $54 billion acquisition by Chevron.
CoinShares, Europe’s top digital asset investment firm with over $9 billion in AUM, has secured full authorisation under the EU’s new Markets in Crypto-Assets (MiCA) regulation.