Catenaa, Friday, February 20, 2026-Flipster, a global cryptocurrency trading platform, announced Thursday that Flipster FZE has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA), advancing its regulated entry into the Middle East.
The UAE based company said the approval allows Flipster FZE to progress toward offering regulated virtual asset services, starting with spot trading.
The milestone reflects the platform’s strategy to operate within established regulatory frameworks in key global markets.
General Manager Benjamin Grolimund said the approval underscores Flipster’s commitment to compliant digital asset access and reflects the Middle East’s emerging role as a model for regulated adoption.
The company highlighted ongoing investment in compliance infrastructure, including a partnership with Chainalysis for transaction monitoring and risk management.
These measures support adherence to VARA’s standards and reinforce operational accountability.
Flipster first announced its Middle East expansion in May 2025 with the appointment of Grolimund, a fintech executive with prior leadership roles at Rain and Bloomberg.
The UAE’s regulatory clarity and maturing digital asset ecosystem position it as a strategic hub for the platform’s global growth.
Flipster FZE plans to offer spot trading across leading cryptocurrencies and emphasizes secure, transparent, and efficient trading for users in regulated markets.
