Binance Resumes Crypto Services in Syria After US Sanctions Eased

Binance has announced the full reopening of its cryptocurrency services for residents of Syria, following the issuance of General License 25 by the U.S. Office of Foreign Assets Control (OFAC), which eases the sanctions previously imposed on the country. The decision, made public on May 23, 2025, grants Syrian users access to the complete range of Binance products and services, including spot and futures trading, staking, interest-bearing products, and Binance Pay.

The platform stated that this move allows Syrian citizens to securely engage in the active digital asset economy, joining over 270 million global Binance users. In addition, Binance revealed plans to launch educational initiatives and practical resources tailored to the Syrian community.

This development comes as Syrian authorities are exploring the potential legalization of Bitcoin and other digital assets as part of broader economic reconstruction efforts. Objectives include the creation of a regulatory framework for buying, selling, trading, and mining cryptocurrencies.

Binance emphasized its goal of providing a safe and efficient environment for Syrian users, in line with international regulations.