Crypto exchange Binance launches in Syria after Trump lifts sanctions — TradingView News
Binance, one of the world’s largest crypto exchanges, has become one of the first crypto trading platforms to launch in Syria after the easing of US and European Union sanctions in May.
Syrian residents are now able to access Binance’s platform and trade crypto assets like Bitcoin BTCUSD, the company announced on June 12.
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 no longer classified as a prohibited country under its terms of use with the…