Gemini Brings AUD Crypto Trading to Australia After AUSTRAC Registration
TLDR
- Gemini registered local entity Gemini Intergalactic Australia with AUSTRAC for crypto exchange services
- Australian users can now trade crypto with AUD through local payment rails
- James Logan appointed Head of Australia with experience from Luno and Bitget
- Exchange pursuing Australian Financial Services License for staking and credit card services
- Australia’s crypto adoption rate stands at 22%, matching United States levels
Gemini crypto exchange has officially registered a local Australian entity with AUSTRAC, the country’s anti-money laundering and financial intelligence regulator. The move enables Australian customers to trade cryptocurrencies using Australian dollars for the first time.