Binance Welcomes Syria After US Sanctions Relief
Binance, one of the world’s largest crypto exchanges, became one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May.
Syrian residents can now access Binance’s platform and trade crypto assets like Bitcoin (BTC), the company announced on Thursday.
The launch follows US Secretary of State Marco Rubio’s May 23 decision to lift sanctions on Syria, which was followed by the EU lifting all economic restrictions on the country.
“In compliance with applicable sanctions, platforms like Binance previously did not serve users in Syria,” Binance’s announcement noted, adding that Syria is…
