Syria Proposes Bitcoin Adoption To Combat Inflation And Stabilize Economy

According to Odaily, the Syrian Center for Economic Research has proposed a plan urging the transitional government to adopt Bitcoin and other digital assets as a strategy to combat inflation, stabilize the economy, and attract global investment. The proposal includes a regulatory framework to legalize the use of Bitcoin in trading, mining, and financial transactions. A significant aspect of the plan is to leverage Syria's untapped energy resources for Bitcoin mining. Entrepreneurs will be permitted to engage in Bitcoin mining under supervision. The government aims to prevent monopolies and ensure that the environmental and social impacts of mining are controlled.