Gemini, the crypto exchange founded by Cameron and Tyler Winklevoss, announced on Thursday the expansion of its operations in Australia, after having obtained formal 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, the Australian 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 one of the top 20 cryptocurrency exchanges by volume. The exchange has 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 emerged as one of the most vibrant crypto markets in the world, according to Gemini’s 2025 Global State of Cryptocurrency Report, which found that the country’s cryptocurrency adoption rate has reached 22%, putting it on par with the United States.
“With Australia’s rapidly growing digital asset market, Gemini is doubling down on our 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 a role at Bitget.
“The appointment of James as our head in Australia underlines our commitment to building a secure, transparent and compliant ecosystem for both retail and institutional clients,” added Ahmed.
