Syria

Cryptocurrency transactions are prohibited in Syria, with no legal framework supporting crypto activities. The country is under extensive international sanctions affecting all financial operations.

Overview

StatusBanned
Risk Score95/100 (Very High Risk)
Regionmiddle east
CurrencySYP

Tax

Capital Gains (Personal)N/A
Capital Gains (Corporate)N/A
VAT on CryptoNo
Staking TaxN/A
Airdrop TaxN/A

No crypto-specific tax guidance available.

Licensing

RequiredNo
RegulatorCBS
FrameworkCrypto transactions prohibited; international sanctions apply
Easevery_complex
CostN/A

DeFi

Status: Banned

Stablecoins

Status: Banned

NFTs

Status: Banned

Mining

LegalNo
Electricity$0.015/kWh
Renewable5%
Infrastructurepoor

Mining is banned in Syria. Electricity is very cheap but infrastructure is poor and unreliable. Renewable energy share is minimal.

Geopolitics

Stabilityvery_unstable
SanctionsYes
Corruption Index14/100
Banking Accessvery_restricted

Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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