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Gemini Launches Operations in Australia with AUSTRAC Certification

Gemini Launches Operations in Australia with AUSTRAC Certification

Highlights

Gemini has officially expanded operations in Australia by securing AUSTRAC registration. This approval allows residents to trade cryptocurrencies with Australian Dollars (AUD). A new leadership role has been established, with James Logan appointed as Head of Australia. This move is part of Gemini's strategy to leverage the rapidly growing digital asset market in Australia.

Sentiment Analysis

  • The article conveys an overall positive sentiment due to Gemini's strategic growth in a new market.
  • It highlights the significance of AUSTRAC registration as a regulatory milestone.
  • The appointment of a new Head reflects a proactive approach to local operations.
85%

Article Text

Gemini, a prominent cryptocurrency exchange established by Cameron and Tyler Winklevoss, has expanded its operations into Australia by acquiring a registration with AUSTRAC, the country's financial intelligence and anti-money laundering regulator. This step is crucial for any digital currency provider planning to offer exchange services in Australia. It marks a significant development for Gemini's Australian division, Gemini Intergalactic Australia Pty Ltd, as it becomes officially recognized as a crypto service provider.

According to Coingecko, Gemini is among the top 20 global cryptocurrency exchanges, showcasing a trading volume exceeding $126 million in just 24 hours. Their market entry enables Australians to engage in cryptocurrency transactions with the Australian Dollar, a significant G-10 currency. The vibrant and expansive nature of Australia's crypto landscape is evident from Gemini's Global State of Crypto Report 2025, which indicates an impressive 22% crypto adoption rate among Australians, comparable to that of the U.S.

To steer this strategic expansion, Gemini has appointed James Logan as the Head of Australia. Logan's previous experiences as Country Manager for Luno and a role at Bitget furnish him with a wealth of industry knowledge. His appointment underscores Gemini's commitment to establishing a secure and transparent ecosystem for both individual and institutional clients.

This strategic growth aligns with Gemini's broader Asia-Pacific ambitions, as the region's digital asset market continues to amplify its influence. According to market statistics, even centralized exchanges noted a surge in activity with a 7.58% increase in trading volume as of August 2025, marking a peak for the year. Notably, exchanges like Gate have demonstrated significant gains, with a near 99% increase in volume, positioning them amongst leading platforms.

Key Insights Table

AspectDescription
AUSTRAC RegistrationAllows Gemini to legally offer cryptocurrency exchange services in Australia.
James Logan's AppointmentBrings significant leadership and industry experience to Gemini's Australian operations.
Crypto AdoptionAustralia's adoption rate stands at 22%, similar to that of the United States.
Last edited at:2025/10/9
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