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Syria eyes Bitcoin legalization to revive war-torn economy

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Syria eyes Bitcoin legalization to revive war-torn economy

If implemented, Bitcoin legalization could offer Syria significant benefits. It would simplify remittances, a critical financial lifeline for millions of Syrians relying on money sent from abroad. Legalization could also attract international investors and partnerships, similar to El Salvador’s Bitcoin strategy, boosting the country’s financial ecosystem. Furthermore, allowing citizens to retain self-custody of their digital assets would enhance security and privacy.

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