Flipster FZE Gets VARA In-Principle Approval for Regulated Crypto
Dubai, UAE, February 12th, 2026, Chainwire
Flipster, a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. This approval is an important step in Flipster’s growth in the Middle East. It also shows the company’s focus on building safe and rule-following access to digital assets in regulated markets.
The in-principle approval allows Flipster FZE to move forward toward offering regulated virtual asset services under VARA’s rules. The first service will be spot trading. This step supports Flipster’s long-term plan to work within clear rules in major global markets.
“This milestone is an important sign of trust in our long-term plans for the region,” said Benjamin Grolimund, General Manager at Flipster FZE. “The Middle East is becoming a model for how digital assets should be managed and used. VARA provides clear rules that support both innovation and safety. We are focused on building trading tools that meet high global standards.”
Flipster is also improving its compliance systems. It has partnered with Chainalysis to strengthen transaction monitoring and risk control. This helps Flipster meet VARA’s requirements and operate with better safety and responsibility.
Flipster first shared its plan to enter the Middle East in May 2025. At that time, it appointed Benjamin Grolimund as General Manager. He has strong experience in fintech, with past roles at Rain and Bloomberg. The UAE’s clear rules and growing digital asset market make it an important location for Flipster’s global expansion.
About Flipster FZE
Flipster FZE is a regulated digital asset exchange. It plans to offer spot trading for major cryptocurrencies. The platform is built to provide reliable trading, clear pricing, and a simple user experience.
Flipster focuses strongly on compliance and security. It aims to give users a safe and trusted place to trade digital assets with confidence.
Users can learn more at flipster.io or follow X.
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