Gemini Gains AUSTRAC Approval, Expanding Operations Down Under

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has officially expanded its operations in Australia, securing registration with the country’s financial intelligence and anti-money laundering regulator, AUSTRAC.

The exchange’s Australian entity, Gemini Intergalactic Australia Pty Ltd, is now formally recognized as a digital currency provider under AUSTRAC, a mandatory step for offering crypto exchange services in the country.

Gemini ranks among the top 20 global cryptocurrency exchanges by trading volume, recording over $126 million in transactions in the past 24 hours, according to Coingecko. The Australian launch allows local users to trade cryptocurrencies directly using the Australian dollar (AUD), a key G-10 currency.

Australia has emerged as one of the fastest-growing crypto markets globally. Gemini’s Global State of Crypto Report 2025 highlights that 22% of Australians have adopted digital assets, placing the country on par with U.S. adoption rates.

“With Australia’s rapidly expanding digital asset market, Gemini is doubling down on our Asia-Pacific growth strategy,” said Saad Ahmed, Head of APAC at Gemini, in a statement to CoinDesk.

To lead local operations, Gemini has appointed James Logan as Head of Australia. Logan previously served as Country Manager for Luno in Australia and held roles at Bitget, bringing extensive regional expertise.

“Appointing James underscores our commitment to creating a safe, transparent, and fully compliant ecosystem for both retail and institutional customers,” Ahmed added.