Syria – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Sat, 14 Jun 2025 15:47:24 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 Syria – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Binance Opens Trading In Syria After US, EU Lift Sanctions https://earlybirdsinvest.com/binance-opens-trading-in-syria-after-us-eu-lift-sanctions/ https://earlybirdsinvest.com/binance-opens-trading-in-syria-after-us-eu-lift-sanctions/#respond Sat, 14 Jun 2025 15:47:24 +0000 https://earlybirdsinvest.com/binance-opens-trading-in-syria-after-us-eu-lift-sanctions/

Binance, the world’s largest crypto exchange, officially opened its platform to users in Syria. The move comes a month after the US and the European Union (EU) lifted a long-standing economic sanctions on the Syria.

Now Syria is no longer classified as a prohibited country for Binance. Can this be considered a turning point for the country’s access to global financial markets.

According to a 12 June 2025 Bloomberg report, Binance Chief Executive Officer Richard Teng said in a statement, “After years of exclusion, Syrians now have the chance to build, invest, and connect.” According to the report, crypto firms are drawn to the favourable regulations in Syria now.

Exciting news for our Syrian-based community: You can now join Binance!

We believe financial freedom should be accessible to everyone. And now, with US sanctions lifted, we’re excited to announce that Syrian residents can finally join our 270 M+ global users shaping the future… pic.twitter.com/Kq7TVKCK3F

— Binance MENA (@BinanceArabic) June 12, 2025

“Syria’s new leaders are aiming to make rapid progress in improving public services, including internet connectivity, in the country after 14 years of civil war and decades of Western sanctions,” said a 12 June 2025 Reuters report.

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Syria Can Now Participate In Digital Asset Economy

“For years, people in Syria have watched the crypto world evolve, unable to participate. Not by choice, but by circumstance,” said Binance in a press release. Syria’s population sits at around 24 million, with an estimated 8 to 15 million more living abroad.

Interestingly, the country ranked among the top 10 countries globally for crypto-related search activity as recently as 2021.

🚀 Binance launches crypto trading in Syria after US/EU sanctions eased! Users can trade $BTC, $XRP, $DOGE, and more. KYC required for services. New market for crypto adoption!

Read the full article ⤵ https://t.co/vrEBwpG5TT

— Nova – {News} AI Agent (@ChainGPTAINews) June 12, 2025

https://twitter.com/DrCrypto__X/status/1933084398393397516

However, in compliance with applicable sanctions, platforms like Binance previously did not serve users in Syria. 

“Even as crypto became a lifeline for people facing inflation or relying on cross-border remittances, access remained out of reach. That changes today,” Binance added. 

Binance CEO Richard Teng took to X to say, “Welcome, Syria! You can now join Binance and be part of our global crypto community.”

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Key Takeaways

  • Binance’s entry into Syria is not a limited or experimental launch. Instead, the exchange is offering full access to its entire suite of products and services for Syrian residents.
  • Binance CEO Richard Teng took to X to say, “Welcome, Syria! You can now join Binance and be part of our global crypto community.”

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Binance Opens Trading In Syria After US, EU Lift Sanctions

]]> https://earlybirdsinvest.com/binance-opens-trading-in-syria-after-us-eu-lift-sanctions/feed/ 0 42008 Binance Goes Live in Syria with Over 300 Crypto and Cross-Border Payments https://earlybirdsinvest.com/binance-goes-live-in-syria-with-over-300-crypto-and-cross-border-payments/ https://earlybirdsinvest.com/binance-goes-live-in-syria-with-over-300-crypto-and-cross-border-payments/#respond Thu, 12 Jun 2025 23:54:28 +0000 https://earlybirdsinvest.com/binance-goes-live-in-syria-with-over-300-crypto-and-cross-border-payments/

On June 12, Binance officially launched its platform in Syria following the US and European Union decisions to remove economic restrictions in the country.

On May 23, US Secretary of State Marco Rubio announced the end of American sanctions on Syria. The EU followed with its own decision to lift its restrictions.

With those changes in place, Binance



$8.65B

updated its terms of use to reflect that Syria is no longer considered a restricted location.

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People in Syria can sign up and use Binance to trade over 300 digital assets, including Bitcoin
BTC


$105,743.78

, XRP
XRP


$2.19

, Dogecoin
DOGE


$0.1815

, Bitcoin Cash
BCH


$424.87

, Shiba Inu
SHIB


$0.0000122

, and Toncoin
TON


$3.08

.

The platform offers a range of services, including regular crypto trading, peer-to-peer transactions, futures contracts, and earning programs. However, all users must first go through Binance’s Know Your Customer (KYC) process to verify their identity.

In a statement posted on X, Binance’s Middle East and North Africa (MENA) branch stated that these services would only be available to verified users. This step helps ensure safety and follows global rules meant to prevent fraud and misuse.

Additionally, Binance also introduced Binance Pay to Syrian users. This feature enables fast and simple cross-border payments, which can benefit many families that rely on money sent from relatives abroad. The platform has also added educational materials in Arabic to support new users.

On May 29, Binance and the US Securities and Exchange Commission (SEC) jointly asked a federal court to permanently dismiss the lawsuit. What did Binance say about it? Read the full story.

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]]> https://earlybirdsinvest.com/binance-goes-live-in-syria-with-over-300-crypto-and-cross-border-payments/feed/ 0 41687 Binance will open trading in Syria after us, and the EU will lift sanctions https://earlybirdsinvest.com/binance-will-open-trading-in-syria-after-us-and-the-eu-will-lift-sanctions/ https://earlybirdsinvest.com/binance-will-open-trading-in-syria-after-us-and-the-eu-will-lift-sanctions/#respond Thu, 12 Jun 2025 21:30:07 +0000 https://earlybirdsinvest.com/binance-will-open-trading-in-syria-after-us-and-the-eu-will-lift-sanctions/

Binance, the world’s largest crypto exchange, has officially launched its platform for Syrian users. The move comes a month after the US and the European Union lifted long-standing economic sanctions on Syria.

Currently, Syria is no longer classified as a prohibitive country of vinance. This could be seen as a turning point in access to the country’s global financial markets.

According to a Bloomberg report on June 12, 2025, Binance CEO Richard Tenn said in a statement that “After years of exclusion, Syrians now have construction, investment and connections.” Crypto companies are currently attracted to Syria’s favorable regulations, according to the report.

“After 14 years of civil war and decades of Western sanctions, Syrian new leaders aim to rapidly advance improvements in public services, including internet connections within the country,” a Reuters report on June 12, 2025 said.

Discover: 20+ Next Cryptocurrency to Explode in 2025

Syria is now able to participate in the digital asset economy

“For years, the Syrian people have not been able to participate in the crypto world as they evolved. Not by choice, but by circumstances,” Binance said. Syria has a population of approximately 24 million, with an estimated 8-15 million living abroad.

Interestingly, tHis country was ranked in the top ten countries in the world for crypto-related search activities, as recently as in 2021.

https://twitter.com/drcrypto__x/status/1933084398393397516

However, platforms like Binance previously did not serve Syrian users due to compliance with applicable sanctions.

“Even if cryptos became a lifeline for people facing inflation or relying on cross-border remittances, access remained out of reach. That changes today,” added Binance.

Binance CEO Richard Teng said “” for X.Welcome, Syria! You can now participate Binance Become a part of the global crypto community. ”

Discover: 9 9 Best Crypto Pre-Sales for Investing in June 2025 – Top Token Pre-Cels

Key takeout

  • Binance’s entry into Syria is not a limited or experimental launch. Instead, the exchange has given you full access to the entire suite of products and services for Syrian residents.

  • Binance CEO Richard Teng used X to say, “Welcome to Syria! You can join Binance and become part of the global Crypto community.”

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