Gemini Expands Australia Push as New Crypto Rules Loom

In brief

  • Gemini users in Australia can now trade directly in AUD through local banking integrations following its official registration with the country’s anti-money laundering watchdog.
  • The move coincides with draft legislation that would bring crypto exchanges under the Corporations Act.
  • Gemini has appointed James Logan as Head of Australia to lead local strategy and partnerships.

Crypto exchange Gemini announced on Wednesday that it is bolstering its services in the island nation after securing formal registration with the country’s anti-money laundering regulator, as new rules governing crypto exchanges are set to take effect.

Gemini’s local entity, Gemini Intergalactic Australia, Pty Ltd, is now registered with AUSTRAC,…

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