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Flipster FZE Secures In-Principle Approval from Dubai’s VARA for Crypto Expansion

Flipster FZE Secures In-Principle Approval from Dubai’s VARA for Crypto Expansion

Author:

Global Cryptocurrency

Published:

2026-02-12 09:33:02

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BTCCSquare news:

Flipster FZE, the Middle Eastern arm of global crypto trading platform Flipster, has obtained in-principle approval from Dubai's Virtual Assets Regulatory Authority (VARA). This regulatory milestone paves the way for the platform to offer spot trading services under VARA's comprehensive framework.

The approval signals growing institutional confidence in Dubai's regulatory approach to digital assets. "VARA's framework has become a global benchmark for balancing innovation with investor protection," said Benjamin Grolimund, Flipster FZE's General Manager. The platform has concurrently strengthened its compliance infrastructure through a partnership with blockchain analytics firm Chainalysis.

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