Cryptocurrency transactions are prohibited in Syria, with no legal framework supporting crypto activities. The country is under extensive international sanctions affecting all financial operations.
| Status | Banned |
| Risk Score | 95/100 (Very High Risk) |
| Region | middle east |
| Currency | SYP |
| Capital Gains (Personal) | N/A |
| Capital Gains (Corporate) | N/A |
| VAT on Crypto | No |
| Staking Tax | N/A |
| Airdrop Tax | N/A |
No crypto-specific tax guidance available.
| Required | No |
| Regulator | CBS |
| Framework | Crypto transactions prohibited; international sanctions apply |
| Ease | very_complex |
No detailed enforcement information available
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | grey_list |
| FATF Body | MENAFATF |
| Suspicious-Activity Reporting | No |
Status: Banned
Status: Banned
Status: Banned
| Legal | No |
| Electricity Cost | $0.015/kWh |
| Renewable Energy | 5% |
| Infrastructure | poor |
Mining is banned in Syria. Electricity is very cheap but infrastructure is poor and unreliable. Renewable energy share is minimal.
| Stability | very_unstable |
| Sanctions | Yes |
| Corruption Index | 14/100 |
| Banking Access | very_restricted |
Risk Factors
Syria remains highly unstable with ongoing conflict and severe sanctions limiting crypto business operations. Banking and internet freedoms are heavily restricted.
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Explore IT Services →Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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