The incorporation of Bitcoin is seen as a potential lifeline for the Syrian populace and the nation’s precarious financial framework. This initiative includes a regulatory scheme designed to legitimize Bitcoin for various functions, including trading, mining, and conducting financial transactions.
Moreover, the proposal introduces a digital version of the Syrian lira, which would be supported by gold, U.S. dollars, and Bitcoin. This digital currency aims to restore public trust, which has been severely affected by the ongoing foreign exchange crisis. $BTC