Flipster FZE Secures In-Principle Approval from VARA, Reinforcing Commitment to Regulated Crypto Access

TheNewsCrypto2026-02-12 tarihinde yayınlandı2026-02-12 tarihinde güncellendi

Özet

Flipster, a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. This approval marks a key milestone in Flipster’s expansion into the Middle East and reinforces its focus on providing safe, compliant access to digital assets in regulated markets. The approval allows Flipster FZE to progress toward offering regulated virtual asset services, starting with spot trading, under VARA’s framework. Benjamin Grolimund, General Manager at Flipster FZE, stated that this step reflects confidence in the company’s commitment to the region and aligns with the UAE’s regulatory clarity and growing digital asset ecosystem. Flipster has also enhanced its compliance infrastructure through a partnership with Chainalysis, strengthening transaction monitoring and risk management capabilities. The platform aims to offer a trusted, user-friendly experience with an emphasis on security and regulatory adherence.

Dubai, UAE, February 12th, 2026, Chainwire

Flipster, a global cryptocurrency trading platform, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) under Flipster FZE. The approval is a key milestone in Flipster’s expansion into the Middle East and reinforces its focus on building safe, compliant access to digital assets in regulated markets.

The in-principle approval allows Flipster FZE to progress toward offering regulated virtual asset services under VARA’s framework, with spot trading as the initial offering. It reflects Flipster’s long-term strategy to operate within established regulatory frameworks in key global markets.

“This milestone is a meaningful vote of confidence in our long-term commitment to the region,” said Benjamin Grolimund, General Manager at Flipster FZE. “The Middle East has become a blueprint for how digital assets should be regulated and adopted. VARA’s clear framework enables innovation while prioritizing trust and security — and we’re committed to building trading solutions that meet the highest standards globally.”

Flipster’s regulatory progress is matched by its continued enhancement of its compliance infrastructure. The platform’s partnership with Chainalysis enhances its capabilities in transaction monitoring and risk management — supporting Flipster’s readiness to meet VARA’s regulatory standards and operate with greater accountability and oversight.

Flipster first announced its entry into the Middle East in May 2025, with the appointment of Benjamin Grolimund, a seasoned fintech executive with prior leadership roles at Rain and Bloomberg. The UAE’s regulatory clarity and maturing digital asset ecosystem continue to position it as a strategic base for Flipster’s global growth plans.

About Flipster FZE

Flipster FZE is a regulated digital asset exchange planning to offer spot trading across leading cryptocurrencies. The platform is engineered for dependable execution, transparent pricing, and a streamlined user experience.

With a strong emphasis on compliance and security, Flipster provides users with a trusted venue to access digital asset markets with confidence.

Users can learn more at flipster.io or follow X.

Contact

Flipster
pr@flipster.io

İlgili Sorular

QWhat is the significance of Flipster FZE receiving in-principle approval from VARA?

AThe in-principle approval from VARA is a key milestone for Flipster's expansion into the Middle East and reinforces its commitment to providing safe, compliant access to digital assets in regulated markets.

QWhat services will Flipster FZE initially offer under VARA's regulatory framework?

AFlipster FZE will initially offer spot trading services under VARA's regulatory framework.

QWho is Benjamin Grolimund and what role does he play at Flipster FZE?

ABenjamin Grolimund is the General Manager at Flipster FZE, a seasoned fintech executive with prior leadership roles at Rain and Bloomberg.

QHow does Flipster's partnership with Chainalysis enhance its operations?

AThe partnership with Chainalysis enhances Flipster's capabilities in transaction monitoring and risk management, supporting its readiness to meet VARA's regulatory standards.

QWhen did Flipster first announce its entry into the Middle East market?

AFlipster first announced its entry into the Middle East market in May 2025.

İlgili Okumalar

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

Ray Dalio, founder of Bridgewater Associates, warns in an interview that the current AI boom shows classic bubble characteristics, which could lead to significant economic downturns as seen in past cycles like 1929 or 2000. He explains that speculative enthusiasm, fueled by debt and overvaluation, often precedes a crash when rising rates or taxation force asset sales, causing widespread losses and recession. Dalio also outlines his "Big Cycle" theory, describing an approximate 80-year pattern where widening wealth gaps, massive government deficits, and shifting geopolitical power (like China's rise) create internal conflict and global instability. He emphasizes that we are in a late-cycle, transitional phase where traditional powers like the US and UK face decline. For personal wealth protection, Dalio advises diversification beyond cash into assets like stocks, bonds, real estate, and particularly gold, which he prefers over Bitcoin. While he holds about 1% of his portfolio in Bitcoin as a non-printable hard asset, he views gold as more secure from technological or governmental threats. Regarding AI's impact, Dalio believes it will disproportionately benefit capital owners, worsening inequality by replacing both physical and cognitive labor. He suggests that human intuition and emotional intelligence, combined with AI, will be key for future workers. On taxation, Dalio argues that wealth taxes are impractical and risk triggering asset sell-offs, reducing productive investment. He points to the UK as a cautionary example of debt, low productivity, and political strife. Geopolitically, Dalio foresees a more regionalized world, with the US showing weakness in prolonged conflicts like with Iran, akin to past imperial declines. The ideal outcome, he suggests, is coexisting powerful blocs (e.g., Americas, China-Asia Pacific) without major war.

marsbit19 dk önce

In Conversation with Ray Dalio: We Are Currently in an AI Bubble, with 1% of My Portfolio in Bitcoin

marsbit19 dk önce

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

South Korean stock market sees a dramatic shift in fund flows. On July 31, foreign investors made a record net purchase of approximately KRW 7.2 trillion in KOSPI stocks, marking a fundamental reversal from the persistent large-scale net outflows seen in previous months. This contributed to a significant narrowing of foreign net selling in July to KRW 9.8 trillion, down sharply from KRW 48.4 trillion in June and KRW 44.5 trillion in May. Simultaneously, domestic institutional pressure eased. South Korean pension funds and asset managers turned to a net buying position in July, purchasing KRW 1.0 trillion worth of KOSPI shares, contrasting with net sales in May and June. Market volatility is expected to be dampened by new financial regulations. Effective July 31, the Financial Services Commission tightened access for retail investors to single-stock leveraged ETFs by raising the minimum cash deposit requirement. Trading volumes for these products subsequently dropped to about 50% of their monthly average. Citigroup Research maintains its year-end KOSPI target of 10,000 points. The firm cites several supportive factors: the substantial easing of headwinds from capital outflows, a robust fundamental outlook for the semiconductor sector, historically low market valuations, strong economic fundamentals, and the potential for policy support from financial authorities if needed.

marsbit19 dk önce

Daily 7.2 Trillion KRW: Foreign Capital's Record Net Buying on Friday! Wall Street Says Headwinds for Korean Stock Fund Flows Have Subsided

marsbit19 dk önce

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

OpenAI's next-generation AI model Astra achieves breakthroughs in 10 long-standing mathematical conjectures. The results, including constructing the first known infinite, finitely presented non-sofic group—resolving a major question since 1999—and advancing the high-dimensional sphere packing problem beyond a 46-year-old barrier, are detailed in a 249-page paper. Key proofs have been formally verified using Lean 4. The AI also refuted a rigidity conjecture by Fields Medalist Alain Connes. According to OpenAI, generating these proofs cost under $2,000. Experts describe the findings as potentially Fields Medal-worthy and a landmark moment for both mathematics and AI, showcasing the model's ability to produce profound, human-like reasoning across diverse fields like group theory, geometry, and operator algebras.

marsbit1 saat önce

Breaking! OpenAI's Next-Gen AI Solves 10 Fields Medal-Level Problems

marsbit1 saat önce

How to Make Yourself Irreplaceable by AI Forever

This article argues that the primary threat from AI is not job replacement, but remaining trapped in "wage slavery"—financial dependence on employers. The path to becoming irreplaceable is not resisting AI, but becoming an "unemployable" individual who builds their own meaningful enterprise. The author identifies five key elements for this: Agency (acting without permission), Taste (judging what's worthwhile), Persuasion, Persistence, and Iteration. The solution is to stop being a "pawn" in someone else's game. To start, you must fundamentally change your identity and environment, then engage in rapid, real-world trial and error. While both coding and creating media (content) are powerful, content is more crucial. AI can generate assets, but true value lies in subjective, human-driven content that builds trust and narrative. The actionable advice is to carve out 15 minutes to answer foundational questions: 1) Uncover your "raw material"—what you know deeply or solve effortlessly. 2) Define your contrarian perspective—what common beliefs you think are wrong. The intersection of these answers is your direction. Finally, you must launch by publishing your first core idea immediately, using the feedback to iterate and develop the skills needed for a self-directed life and career.

marsbit2 saat önce

How to Make Yourself Irreplaceable by AI Forever

marsbit2 saat önce

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

The article discusses using dice rolls to generate secure Bitcoin wallet seeds, providing entropy independent of potentially flawed hardware random number generators. It explains that each fair dice roll offers about 2.585 bits of entropy, with around 50 rolls needed for a standard 12-word seed phrase and 99+ recommended for higher security. This method gained attention after a vulnerability was revealed in some Coldcard hardware wallets, where a faulty firmware RNG (dating back to 2021) compromised generated keys. The analysis notes that while a dice-generated main seed was safe from this specific flaw, other Coldcard functions (like creating paper wallets, backup keys, or passwords) could still be vulnerable if they used the defective RNG. The piece argues that while dice-based entropy is technically robust, the manual process is error-prone, tedious, and unrealistic for most new users, who might make mistakes in recording or inputting rolls. It concludes that while manual entropy generation should remain an option for advanced users, the long-term goal is to develop reliable, user-friendly hardware and software that securely generates randomness without requiring specialized knowledge. Coldcard users are advised to check their firmware version and replace any secondary secrets (like paper wallet keys) created with vulnerable devices, while also considering multi-signature setups with devices from different manufacturers for added security.

cryptonews.ru5 saat önce

Thanks to Dice Rolls, Bitcoin Keys Are Stored Offline, But Not Everyone Will Do It

cryptonews.ru5 saat önce

İşlemler

Spot