NewsCryptoFlipster Secures Full VARA Exchange License in Dubai

Flipster Secures Full VARA Exchange License in Dubai

Author: ChainWire·

Key Takeaways

  • Flipster received a full operational Exchange license from Dubai’s Virtual Assets Regulatory Authority under Flipster FZE.
  • The license authorizes Flipster FZE to onboard customers in the UAE and begin regulated virtual asset services.
  • Flipster said its initial regulated offering will focus on spot trading.
  • The company said the approval shifts it from in-principle readiness to full operational capability under VARA’s framework.
  • Flipster first announced its Middle East entry in May 2025 with the appointment of Benjamin Grolimund as General Manager of Flipster FZE.
Flipster Secures Full VARA Exchange License in Dubai

DUBAI, UAE, July 28, 2026 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has secured a full operational Exchange license (License No. VL/26/07/002) from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval allows Flipster to officially launch regulated virtual asset services in the region and marks a significant step in the company’s global expansion strategy.

Under the license, Flipster FZE is authorized to onboard customers in the UAE, with plans to gradually expand access to a broader global user base. Flipster offers access to real world asset perpetuals in supported jurisdictions, giving users trading exposure to both digital and traditional asset classes. Its initial offering will focus on spot trading, which will form the foundation of the company’s regulated product suite.

The approval moves Flipster from regulatory readiness and in-principle approval to full operational capability under VARA’s framework, which the company described as one of the most comprehensive and globally recognized regulatory regimes for digital assets. For users and counterparties, that transition matters because it shifts the platform from preparation into a licensed operating phase in a market where compliance standards are closely watched across the digital asset sector.

Operating under VARA’s framework allows Flipster to provide a more secure and transparent trading environment, supported by standards for custody, governance, and compliance. The company said this reinforces its commitment to safeguarding users while providing reliable access to digital assets.

Flipster also said the license reflects its commitment to meeting the highest standards in global finance. The company said it believes regulation is essential to building long-term trust, and that VARA sets a strong benchmark for balancing innovation with investor protection.

Flipster first announced its entry into the Middle East in May 2025 with the appointment of Benjamin Grolimund as General Manager of Flipster FZE. The full operational license marks the next phase of that expansion as the company moves from market entry to delivering regulated services in one of the world’s most advanced digital asset ecosystems. As the rollout begins, the initial focus on spot trading provides a base for the company’s regulated product suite while its UAE onboarding authorization establishes the first phase of access under the new license.

About Flipster

Flipster is a cryptocurrency trading platform founded in 2023 and designed by traders, for traders. The platform says it offers deep liquidity, industry-leading leverage, and broad coverage across global markets. It is built for different trading styles and aims to give traders flexibility to act on opportunities as they emerge. Flipster also offers access to real world asset perpetuals in supported jurisdictions, giving users trading exposure to both digital and traditional asset classes from a single platform.

Learn more at flipster.io or follow X.