Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced the expansion of its operations in Australia on Thursday, after obtaining official registration with the country’s anti-money laundering regulator, AUSTRAC.
The exchange’s Australian arm, Gemini Intergalactic Australia Pty Ltd, is now officially registered with AUSTRAC, Australia’s financial intelligence and anti-money laundering regulator, as a digital currency provider. Registration with Austrac is required before offering crypto exchange services in the country.
Gemini is a top 20 cryptocurrency exchange by volume. The exchange recorded a total trading volume of more than $126 million in the last 24 hours, according to data source Coingecko.
The exchange’s entry into Australia means locals can trade cryptocurrencies using AUD, one of the G-10 currencies. Australia has quickly become one of the fastest-growing crypto markets in the world, according to the Gemini Global State of Crypto 2025 report, which found that the country’s crypto adoption rate has reached 22%, putting it on par with the United States.
“With the rapid growth of the digital assets market in Australia, Gemini is doubling down on its growth strategy in Asia Pacific,” said Saad Ahmed, Head of APAC at Gemini, in a press release shared with CoinDesk.
Gemini has appointed James Logan as head of Australia to lead its local operations. Logan brings extensive experience from his previous roles as Country Manager for Luno in Australia and at Bitget.
“James’ appointment as head of Australia underlines our commitment to creating a safe, transparent and compliant ecosystem for retail and institutional clients,” Ahmed added.
