Cryptocurrency Exchange Gemini Expands Operations in Australia with AUSTRAC Registration

Gemini, the cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has made a significant move in expanding its operations in Australia. The exchange has officially registered with AUSTRAC, Australia’s anti-money laundering regulator, under the name Gemini Intergalactic Australia Pty Ltd. This registration is a crucial step for Gemini to offer its crypto exchange services in Australia.

Gemini is currently ranked among the top 20 cryptocurrency exchanges by trading volume, with over $126 million in trading volume recorded in the past 24 hours. The expansion into Australia will allow local traders to engage in cryptocurrency trading using the Australian Dollar (AUD), one of the G-10 currencies.

Australia has emerged as a vibrant crypto market, with a crypto adoption rate of 22%, putting it on par with the United States, according to Gemini’s Global State of Crypto Report 2025. Saad Ahmed, head of APAC at Gemini, expressed the company’s commitment to the Asia-Pacific region, stating, “With Australia’s rapidly growing digital asset market, Gemini is doubling down on our Asia-Pacific growth strategy.”

To lead its operations in Australia, Gemini has appointed James Logan as Head of Australia. Logan brings a wealth of experience from his previous roles as Country Manager for Luno in Australia and a position at Bitget. Ahmed emphasized the importance of Logan’s appointment in building a safe, transparent, and compliant ecosystem for both retail and institutional customers.

Gemini’s expansion into Australia signifies its dedication to providing a secure and regulated platform for cryptocurrency trading in the region. With the growing interest in digital assets worldwide, Gemini’s presence in Australia is expected to further bolster the country’s position as a key player in the global crypto market. Bullish Group, majority owned by Block.one, has a significant stake in various blockchain and digital asset businesses, as well as holdings in digital assets, including bitcoin. CoinDesk, an independent subsidiary, operates with an editorial committee chaired by a former editor-in-chief of The Wall Street Journal to uphold journalistic integrity.

The partnership between Bullish Group and Block.one signifies a strong presence in the blockchain and digital asset industry. With interests in a variety of businesses and substantial holdings in digital assets like bitcoin, the collaboration aims to drive innovation and growth in the sector.

CoinDesk, as an independent subsidiary, plays a crucial role in providing unbiased and reliable news and analysis in the cryptocurrency space. The editorial committee, led by an experienced journalist, ensures that the content meets high journalistic standards and maintains credibility.

The strategic alliance between these entities showcases a commitment to advancing the blockchain and digital asset ecosystem. By leveraging their resources, expertise, and industry knowledge, Bullish Group, Block.one, and CoinDesk are poised to make a significant impact on the market.

In conclusion, the partnership between Bullish Group, majority owned by Block.one, and CoinDesk underscores a shared commitment to excellence and integrity in the blockchain and digital asset space. Together, they are well-positioned to drive innovation, foster growth, and deliver valuable insights to stakeholders in the industry. The sun was just beginning to rise over the horizon, casting a warm golden glow over the sleepy town below. As the streets slowly came to life, the residents of the small town of Willow Creek began their morning routines, preparing for another busy day ahead.

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