Overview
- Gemini Intergalactic Australia is now registered with AUSTRAC as a digital currency provider, formalizing on-the-ground operations that previously served Australian users via the global platform.
- Australian customers can fund accounts and trade directly in AUD through local banking rails, including NPP for instant transfers and PayID for simplified payments.
- Gemini says it is applying for an Australian Financial Services Licence from ASIC to expand into regulated offerings such as derivatives for wholesale clients.
- The company is evaluating additional products, including staking and a credit card, which it says would launch gradually and only subject to licensing and compliance.
- The local operation is based in Sydney, with trade outlets reporting James Logan as head of Australia, as the firm cites growing adoption and institutional interest in the market.