Gemini Crypto Exchange Launches Trading Platform in Australia

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has officially entered the Australian market with a fully localized trading platform. This expansion allows Australian users to buy, sell, and store digital assets using the Australian dollar for the first time. The launch coincides with rising interest in cryptocurrencies across the Asia-Pacific region, where regulated services are gaining traction among investors.

The move follows Gemini's initial public offering on the Nasdaq in September, which marked a significant milestone for the company. By establishing operations in Australia, Gemini strengthens its position as a global player in the crypto space. This step reflects the exchange's commitment to compliant growth in key economies with supportive regulatory frameworks.

Building on Regulatory Compliance and Local Integration

Gemini secured registration with AUSTRAC, Australia's financial intelligence agency, to operate as a digital currency exchange. This approval enables the platform to integrate local payment systems for faster AUD deposits and withdrawals. Australian customers can now access Gemini's core trading features, including support for major cryptocurrencies like Bitcoin and Ethereum.

The company announced that it has appointed James Logan as Country Head for Australia to lead these efforts. Logan brings experience from the financial sector, which will help navigate the local landscape. Gemini's entry positions it to compete with established players in the region, offering a secure environment for retail and institutional traders alike.

The crypto market including in Australia has shown steady growth, with increasing adoption driven by clear guidelines from regulators. The nation's economy, valued for its stability, attracts international firms seeking to expand digital asset services. Gemini's localized approach addresses demands for seamless fiat-to-crypto conversions, reducing barriers for new users.

This development arrives amid a broader Bitcoin and crypto rally, which has drawn more attention to regulated platforms. Gemini plans to roll out additional products, such as its crypto lending services, in the coming months. Early feedback from Australian users highlights the platform's user-friendly interface and emphasis on security.