[PRESS RELEASE – Dubai, UAE, February 12th, 2026]
Flipstera global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval marks a major milestone in Flipster’s expansion into the Middle East and reinforces its focus on building secure, compliant access to digital assets in regulated markets.
The in-principle approval allows Flipster FZE to progress towards offering regulated virtual asset services under the VARA framework, with spot trading as the initial offering. It reflects Flipster’s long-term strategy to operate within established regulatory frameworks in key 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 are committed to building trading solutions that meet the highest standards worldwide.”
Flipster’s regulatory progress is matched by the continued improvement of its compliance infrastructure. The platform’s partnership with Chainalysis enhances the platform’s transaction monitoring and risk management capabilities, supporting Flipster’s willingness to comply with VARA regulatory standards and operate with greater responsibility and oversight.
Flipster first announced its entry into the Middle East in May 2025, with the appointment of Benjamin Grolimund, a seasoned fintech executive with previous leadership roles at Rain and Bloomberg. The UAE’s regulatory clarity and maturing digital asset ecosystem continue to position it as a strategic foundation for Flipster’s global growth plans.
About Flipster FZE
Flipster FZE is a regulated digital asset exchange scheme to offer spot trading of leading cryptocurrencies. The platform is designed for reliable execution, transparent pricing, and a streamlined user experience.
With a strong emphasis on compliance and security, Flipster provides users with a trusted location to access the digital asset markets with confidence.
Users can find more information at flipster.io or follow X.
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