While some news outlet announced that the Syrian government was considering a bitcoin legislation, the Founder of Bitcoin21 Arabic noted that it was not the Syrian government but a group of crypto enthusiasts who were discussing this.

Bassem, the Founder of Bitcoin21Ar noted on twitter, “To clarify Syria’s Bitcoin policy proposal: Who wrote it, and is it legitimate? First, let’s address the misinformation circulating in crypto media: NO, the transitional government has neither approved nor considered this proposal, and we do not expect them to do so anytime soon. They likely have more pressing issues to address at this time.

He further explains that the proposal is not meant to circumvent international sanctions. He stated, “We believe that sanctions should be lifted URGENTLY through legal and political processes in accordance with international law.”

In a telegram group Bassem carried out a discussion on how one could introduce a constructive Bitcoin legislation to the Syrian people after a decade of severe humanitarian and financial distress. He adds, “The idea for the proposal was my own, and it was collaboratively drafted in Arabic by everyone. . We also had a small number of Bitcoiners who provided This is a grassroots movement driven by very bright and enthusiastic Bitcoin plebs.”

As part of this evolution, we renamed the group the “Syrian Center for Economic Research” or SCER and the initiative gained unexpected momentum when Dr. Saifedean Ammous who joined the discussions.

It’s important to clarify again that this is not a government-affiliated organization or funded by any entity.

To the people who are accusing us of being terrorists, CIA, or fill in the blank, can you please be less racist? Thanks!

The SCER is a volunteer-driven initiative that hopes to bring together Syrian engineers, academics, entrepreneurs, and visionaries to learn, disseminate knowledge, and foster communication and open dialogue on economics, technology, and money.

There is no physical headquarters. They communicate through social media channels like Telegram, X, and Nostr and encourage video and audio calls.

Joins us here: https://t.me/SyrianCER

Non Syrians are welcome too 🧡

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