Tech News
LAST UPDATE: June 13, 2025
Crypto Exchange Binance Expands to Syria as US Lifts Sanctions
Binance has opened full access to its platform for Syrian users, offering over 300 crypto tokens and stablecoins with support for the Syrian pound, following the U.S. easing of sanctions last month. (reuters.com)
Insight
This marks a major advance in financial inclusion for Syrians, as Binance becomes one of the first global crypto exchanges to re-enter. The move reflects shifting global attitudes on Syria, where crypto can provide an alternative to inflation and limited banking access in the post-sanctions era.
Singapore Tapped the Brakes on Crypto. Who Could Race Ahead.
Singapore has implemented stricter crypto regulations, slowing its exchange licensing process and tightening oversight, potentially opening opportunities for rival hubs like Dubai or Abu Dhabi to attract crypto firms relocating for friendlier environments.
Insight
Regulation can act as a double-edged sword: while boosting consumer protections, it risks dampening innovation. Singapore’s policy tightening may redirect investment to other emerging crypto centers that balance regulation and growth.
US, Chinese officials did not discuss TikTok in London talks, Bessent says
Treasury Secretary Bessent noted that discussions with Chinese counterparts in London covered tariffs, trade barriers, and currency issues—but explicitly excluded TikTok, which was not part of the agenda.
Insight
Separating TikTok from broader economic talks helps prevent cultural-political issues from disrupting core trade negotiations, signaling a compartmentalized and pragmatic diplomatic approach.
