Gemini launches Australia subsidiary with AUD crypto trading
The post Gemini launches Australia subsidiary with AUD crypto trading appeared on BitcoinEthereumNews.com.
Gemini has officially launched its Australian subsidiary, marking a major expansion into one of the world’s most crypto-active markets Summary Gemini launches Australian subsidiary with AUSTRAC registration. New AUD rails enable instant deposits and local trading pairs. Expansion follows $425M IPO and rising crypto adoption in Australia. Gemini, the U.S.-based cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced the official launch of its Australian subsidiary, Gemini Intergalactic Australia Pty Ltd, to accelerate its Asia-Pacific expansion strategy. According to the Oct. 8 announcement, Gemini’s Australian arm is now registered with the Australian Transaction Reports and Analysis Centre as a digital currency exchange provider, allowing it to operate in full compliance with local anti-money laundering rules. Local launch and market position With the new setup, Australians can now deposit and trade using AUD without relying on international transfers. Gemini also plans to introduce more localized features, including faster settlement options and access to a broad range of crypto assets via its app and ActiveTrader platform. This development follows Gemini’s Nasdaq initial public offering in Sept. 2025, which raised $425 million and valued the company at over $7 billion. The listing strengthened Gemini’s balance sheet and raised its global profile, opening the door for the company to enter key markets like Australia. The country’s adoption rate of cryptocurrencies rose from 28% in 2024 to 31% in 2025 as a result of greater institutional participation and more open regulatory frameworks. With local presence, Gemini can compete with renowned exchanges like Independent Reserve and Binance Australia in the $50 billion cryptocurrency market. Gemini’s leadership and strategic outlook James Logan was named Head of Australia by Gemini to oversee Australian operations. Logan, who has held senior positions at Bitget and Luno in the past, will be in charge of strategy, partnerships, and customer expansion.…
