Gemini has registered a local entity called Gemini Intergalactic Australia with AUSTRAC, Australia’s financial intelligence and anti-money laundering regulator
The registration allows Australians to trade cryptocurrencies using AUD and access local payment options, expanding beyond the limited services previously available since 2019
James Logan has been appointed as Head of Australia, bringing experience from previous roles at Luno and Bitget
Gemini is working toward obtaining an Australian Financial Services License to offer additional services like crypto staking and credit cards
The exchange is taking a wait-and-see approach to Australia’s pending crypto legislation rather than actively lobbying, unlike the…