A recent report by the Norwegian Refugee Council examines the potential of blockchain-based financial technologies, particularly regulated stablecoins, to enhance financial access in the Syrian Arab Republic. The study highlights how cryptocurrencies could address long-standing derisking challenges by facilitating quicker cross-border transactions, reducing costs, and increasing transparency and traceability. Drawing on interviews with various stakeholders, including NGOs, FinTech companies, and international organizations, the report serves as a practical resource for the humanitarian sector and donors. It provides an introduction to digital asset technologies, identifies suitable tools for humanitarian use, and outlines key risks and compliance considerations, accompanied by an operational guide for implementing stablecoins and digital wallets.
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