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Gemini Launches First Fully Local Crypto Exchange in AustrWith AUSTRAC registration secured, Gemini targets surging adoption and institutional demand Down Underalia

Gemini, the New York–based cryptocurrency exchange founded by the Winklevoss twins, has officially launched a fully localized crypto trading platform in Australia, positioning itself to ride the wave of rising digital-asset interest in the region.

Local Presence & Regulatory Clearance

  • Under the local entity “Gemini Intergalactic Australia,” the firm now operates under registration with AUSTRAC — Australia’s anti-money laundering and counter-terrorism financing regulator.

  • Previously, Australian users accessed the platform via Gemini’s global operations. The local setup will allow for streamlined AUD rails, improved deposit speed, and a smoother user experience.

  • To lead regional efforts, Gemini has appointed James Logan as Country Head for Australia.

Riding Australia’s Crypto Momentum

  • According to the Australian Independent Reserve Cryptocurrency Index, crypto adoption in Australia has risen to 31% in 2025, up from 28% last year.

  • Gemini aims to serve not just retail users, but also institutional clients seeking regulated access — a market segment that’s demonstrated rising demand in the country.

  • Gemini’s move comes shortly after its high-profile IPO on Nasdaq, where it raised $425 million—marking a strong debut in the digital-assets sector.

Regulatory Tailwinds & Challenges

  • Australia’s securities regulator, ASIC, recently introduced temporary class relief for stablecoin intermediaries working with licensed issuers, easing licensing requirements until June 2028.

  • The regulatory relaxation helps reduce compliance burdens for exchanges and stablecoin operators alike.

  • However, authorities are concurrently intensifying efforts against crypto-related fraud, having taken down over 14,000 scam and phishing websites since mid-2023.

What This Means for the Market

Gemini’s Australia entry signals growing confidence in the Asia-Pacific crypto opportunity. By embedding local infrastructure, adhering to financial regulations, and responding to rising adoption, the exchange is making a strategic push to deepen its footprint. For Australian users, the benefits may include faster fiat on/off ramps, better regulatory clarity, and stronger institutional engagement.

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