Gemini Expands Operations in Australia with AUSTRAC Registration
Gemini, a leading crypto exchange, has expanded its operations to Australia, registering with AUSTRAC, the country's anti-money laundering regulator.
Its Australian entity, Gemini Intergalactic Australia Pty Ltd, is now an official digital currency provider.
Gemini ranks among the top 20 cryptocurrency exchanges by volume, with over $126 million in trading volume in the last 24 hours.
The expansion allows Australians to trade cryptocurrencies using AUD. Australia's crypto adoption rate has reached 22%, aligning with the United States.
Gemini's growth strategy focuses on the Asia-Pacific region, highlighted by appointing James Logan as Head of Australia, leveraging his experience at Luno and Bitget.
