Flipster Secures VARA Exchange License to Launch Regulated Crypto Trading in UAE
Flipster, an international cryptocurrency trading platform, has obtained a full operational Exchange license (License No. VL/26/07/002) from Dubai's Virtual Assets Regulatory Authority (VARA) through its regional entity, Flipster FZE. The approval allows the company to begin offering regulated virtual asset services in the UAE and represents a major milestone in Flipster's international growth strategy.
Under the newly granted license, Flipster FZE can onboard customers in the United Arab Emirates, with plans to gradually extend its regulated services to a wider global audience. The platform also provides access to real-world asset perpetuals in eligible jurisdictions, enabling traders to gain exposure to both digital assets and traditional financial markets. Initially, Flipster's regulated offerings will center on spot trading, laying the groundwork for a broader suite of compliant products.
Receiving the operational license signifies Flipster's progression from obtaining in-principle approval and meeting regulatory requirements to becoming a fully authorized exchange under VARA's regulatory framework. VARA is widely regarded as one of the world's leading authorities for the oversight of virtual assets, known for its comprehensive approach to digital asset regulation.
By operating within VARA's regulatory framework, Flipster aims to deliver a secure, transparent, and compliant trading experience. The platform's operations are supported by stringent requirements governing custody, corporate governance, and regulatory compliance, reinforcing its commitment to protecting users while ensuring dependable access to digital asset markets.
The licensing achievement also underscores Flipster's dedication to maintaining high standards of regulatory compliance in global financial markets. The company views effective regulation as a key driver of long-term trust and recognizes VARA's framework for successfully balancing innovation with strong investor safeguards.
Flipster announced its expansion into the Middle East in May 2025 with the appointment of Benjamin Grolimund as General Manager of Flipster FZE. Securing the full operational license marks the next stage of this regional strategy, enabling the company to move beyond market entry and begin delivering fully regulated virtual asset services within one of the world's most advanced digital asset ecosystems.
Under the newly granted license, Flipster FZE can onboard customers in the United Arab Emirates, with plans to gradually extend its regulated services to a wider global audience. The platform also provides access to real-world asset perpetuals in eligible jurisdictions, enabling traders to gain exposure to both digital assets and traditional financial markets. Initially, Flipster's regulated offerings will center on spot trading, laying the groundwork for a broader suite of compliant products.
Receiving the operational license signifies Flipster's progression from obtaining in-principle approval and meeting regulatory requirements to becoming a fully authorized exchange under VARA's regulatory framework. VARA is widely regarded as one of the world's leading authorities for the oversight of virtual assets, known for its comprehensive approach to digital asset regulation.
By operating within VARA's regulatory framework, Flipster aims to deliver a secure, transparent, and compliant trading experience. The platform's operations are supported by stringent requirements governing custody, corporate governance, and regulatory compliance, reinforcing its commitment to protecting users while ensuring dependable access to digital asset markets.
The licensing achievement also underscores Flipster's dedication to maintaining high standards of regulatory compliance in global financial markets. The company views effective regulation as a key driver of long-term trust and recognizes VARA's framework for successfully balancing innovation with strong investor safeguards.
Flipster announced its expansion into the Middle East in May 2025 with the appointment of Benjamin Grolimund as General Manager of Flipster FZE. Securing the full operational license marks the next stage of this regional strategy, enabling the company to move beyond market entry and begin delivering fully regulated virtual asset services within one of the world's most advanced digital asset ecosystems.
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