Watan-The cryptocurrency trading platform Binance announced on Thursday that it will allow users in Syria to access its services, including Bitcoin trading, following the U.S. decision last month to lift sanctions imposed on Syria.
Binance, the world’s largest crypto exchange, stated that Syrians now have full rights to access its products and services, which include more than 300 types of digital tokens and stablecoins pegged to the U.S. dollar or other currencies.
The platform also confirmed that the Syrian pound can now be used to buy and sell cryptocurrencies directly on Binance.
Last month, the administration of U.S. President Donald Trump unexpectedly announced the lifting of sanctions on Syria, where an Islamist-led government came to power after the ousting of Bashar al-Assad in December.
Trump said the decision came at the request of Saudi Arabia, which had led diplomatic efforts to remove sanctions on Damascus.
Syria’s new leadership hopes to quickly advance public services, including internet access, following more than 13 years of war and decades of Western sanctions.
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