Gemini Registers Local Australian Entity, Easing Operations Amid Regulatory Uncertainty

The US cryptocurrency exchange Gemini has established a local entity in Australia, Gemini Intergalactic Australia, registered with the financial watchdog AUSTRAC.

The registration enables the exchange to use local payment systems and conduct marketing without the previous legal constraints.

The expansion comes as the Australian government proposes new crypto laws, but Gemini’s leadership has signaled a cautious, wait-and-see approach to the pending regulatory framework.