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US delists Syria as state sponsor of terrorism, sparking economic optimism and potential crypto use cases

US delists Syria as state sponsor of terrorism, sparking economic optimism and potential crypto use cases

Syria has been on America’s naughty list since 1979. That’s about to change.

Secretary of State Marco Rubio formally notified Congress on July 8 of President Trump’s decision to rescind Syria’s designation as a state sponsor of terrorism, a label the country has carried for nearly 47 years. The move kicks off a mandatory 45-day congressional review period before it can officially take effect.

The decision follows the collapse of the Assad regime in December 2024 and the rise of new leadership under President Ahmed al-Sharaa. US officials have framed the rescission as a historic step meant to accelerate reconstruction, attract investment, and stabilize a country that has been ravaged by more than a decade of…

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