Gemini Expands in Australia, Enabling Direct AUD Trading

Gemini, the US-based cryptocurrency exchange, is making a significant move to expand its reach in the Australian market. The company has secured registration with AUSTRAC, allowing local investors to trade cryptocurrencies directly using Australian dollars without involving international currency conversions. This new setup marks a major change from Gemini’s previous service where transactions were handled through US-based services. The company recently appointed James Logan, formerly head of Luno Australia, further strengthening its commitment to the region. ]