Flipster FZE Receives Initial Approval from VARA, Strengthening Commitment to Regulated Crypto Access
Flipster, a global crypto trading platform, has gained preliminary approval from VARA, marking a significant step in its Middle Eastern expansion.
[PRESS RELEASE – Dubai, UAE, February 12th, 2026]
Flipster, a global cryptocurrency trading platform, has obtained in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval is essential for Flipster’s growth into the Middle Eastern market, affirming its mission to offer secure, compliant access to digital assets in regulated regions.
The preliminary approval empowers Flipster FZE to advance towards providing regulated virtual asset services as per VARA’s regulations, starting with spot trading as its initial offering. It highlights Flipster’s commitment to functioning within established regulatory structures across crucial global markets.
“This milestone is a meaningful vote of confidence in our long-term commitment to the region,” said Benjamin Grolimund, General Manager at Flipster FZE. “The Middle East has become a blueprint for how digital assets should be regulated and adopted. VARA’s clear framework enables innovation while prioritizing trust and security — and we’re committed to building trading solutions that meet the highest standards globally.”
Flipster’s regulatory advancements are complemented by advancements in its compliance infrastructure. Its collaboration with Chainalysis improves its capabilities in transaction oversight and risk management, helping ensure Flipster meets VARA’s regulatory criteria and operates with enhanced accountability.
Flipster first unveiled its entry into the Middle East in May 2025, with the leadership of Benjamin Grolimund, a veteran in the fintech sector with experience at Rain and Bloomberg. The UAE’s clear regulations and evolving digital asset ecosystem position it as a strategic hub for Flipster’s global expansion initiatives.
About Flipster FZE
Flipster FZE is a regulated digital asset exchange that plans to provide spot trading across major cryptocurrencies. The platform is designed for effective execution, transparent pricing, and improved user experience.
With a strong focus on compliance and security, Flipster offers a trusted environment for users to confidently access digital asset markets.
For more information, please visit flipster.io or follow X.
