Flipster Secures Full Operational Exchange License from Dubai's VARA

Flipster, a global cryptocurrency trading platform, has achieved a significant milestone by securing a full operational Exchange license from Dubai's Virtual Assets Regulatory Authority (VARA). This license enables Flipster to offer regulated virtual asset services in the UAE and marks a key step in its expansion strategy.

The license, number VL/26/07/002, allows Flipster FZE to onboard customers in the UAE with plans to gradually expand access to a global user base. The platform offers real-world asset perpetuals in supported jurisdictions, providing users with trading exposure to both digital and traditional asset classes.

Flipster's transition from regulatory readiness to full operational capability under VARA's framework reflects its commitment to safeguarding users while providing reliable access to digital assets. Operating under VARA's framework allows Flipster to provide a secure and transparent trading environment, supported by robust standards for custody, governance, and compliance.

This milestone marks the next phase of Flipster's expansion in the Middle East, following its entry into the region with the appointment of Benjamin Grolimund as General Manager of Flipster FZE. The company believes regulation is essential to building long-term trust, and VARA sets a strong benchmark for balancing innovation with investor protection.