Flipster FZE Wins VARA Approval for Regulated Crypto Spot Trading
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Flipster FZE received in-principle approval from Dubai's VARA for crypto exchange services, focusing on spot trading of major cryptocurrencies. The company partnered with Chainalysis to enhance security and compliance as it works towards a full license.
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- Flipster can now offer crypto exchange services and work toward getting a full license.
- At first, the company will focus on spot trading of major cryptocurrencies.
- Flipster partnered with Chainalysis to upgrade its internal security and compliance tools.
Global crypto exchange Flipster FZE has received in-principle approval (IPA) from Dubai’s crypto regulator, Virtual Assets Regulatory Authority (VARA). This moves the company closer to offering fully licensed crypto trading services in the UAE.
The preliminary license (IPA/26/01/004) allows Flipster to offer crypto exchange services and work toward getting a full license under Dubai’s VARA rules. At first, the company will focus on spot trading of major cryptocurrencies, with a goal of providing users with a safe and regulation-compliant way to trade.
The approval was granted on January 30, 2026, and Flipster …
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