A New Chapter for Flipster: Building Trusted Crypto Access in the UAE

Today marks an important milestone for Flipster.

We have received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA), a step that advances our plans to operate within one of the world’s most clearly defined digital asset regulatory frameworks.

This milestone reflects our long-held belief that trust, regulatory clarity, and operational discipline are essential to the long-term role of digital assets in global markets.

Why the UAE Matters

The UAE has taken a deliberate approach to digital asset regulation, one that balances innovation with clear standards for governance, risk management, and user protection. VARA’s framework provides certainty for platforms and confidence for users, creating the conditions needed for responsible market participation.

As Flipster continues to grow globally, we believe engaging directly with regulators in markets that prioritize clarity and oversight is essential to building durable, long-term businesses in crypto.

What In-Principle Approval Represents

In-principle approval allows Flipster to progress toward offering regulated virtual asset services under VARA’s framework, with spot trading as the initial focus. More broadly, it reflects our commitment to operating within established regulatory regimes as we expand into new regions.

This milestone follows months of preparation, dialogue, and internal readiness work; aligning our operations, controls, and governance with regulatory expectations.

Building with Compliance at the Core

Regulatory progress does not happen in isolation. Alongside our engagement with VARA, Flipster continues to strengthen its compliance capabilities globally.

Earlier in 2025, we partnered with Chainalysis to enhance transaction monitoring and risk-management processes, reinforcing our readiness to meet regulatory standards and operate with robust oversight across markets.

These efforts are part of a broader approach: building systems, controls, and partnerships that support sustainable growth rather than short-term scale.

What’s Next

We will continue working closely with VARA as we move toward full authorization, while applying the same regulatory-first approach across other key markets.

Crypto’s future depends on trust. At Flipster, we are committed to earning that trust through disciplined execution, transparency, and long-term thinking, starting here in the UAE.