Flipster Secures VARA License, Launching Regulated Crypto Services in UAE

Flipster FZE, the UAE-based subsidiary of global cryptocurrency trading platform Flipster, has secured a full operational exchange license from Dubai's Virtual Assets Regulatory Authority (VARA). This milestone marks a significant step in Flipster's global expansion strategy and enables it to officially launch regulated virtual asset services in the region.

The license, License No. VL/26/07/002, was granted after Flipster met VARA's robust standards for custody, governance, and compliance. With this approval, Flipster 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. The initial offering will focus on spot trading, forming the foundation of Flipster's regulated product suite.