Key Takeaways
- The Gemini has expanded to Australia with a new entity, Gemini Intergalactic Australia.
- James Logan will head the Australian arm.
- The Gemini’s Australian entry comes at the right time, when crypto regulation is undergoing a shift in Australia.
The Gemini cryptocurrency exchange is expanding its operations to Australia. Named Gemini Intergalactic Australia, it is registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC).
Saad Ahmed, Asia Pacific head of Gemini, noted that, according to Gemini’s Global State of Crypto Report 2025, 22% Australians already own digital assets. Gemini sees an opportunity to expand to new markets and regions that have an adoption rate matching the United States. Moreover, by registering as a local entity, the exchange can avoid legal complications.
James Logan Is Set to Head The Australian Entity
The Australian arm will be headed by James Logan, who has previously played pivotal roles in leading crypto exchanges Luno and Bitget. The James Logan is set to lead Australian strategy, partnerships, and customer growth.
James Logan stated that the Gemini’s expansion in Australia comes at an exciting time for the industry. “Australians are increasingly turning to trusted platforms to manage their digital assets, and I’m thrilled to lead Gemini’s efforts here and to build a strong presence that will support long-term adoption and innovation.” He further added.
With the new Australian wing, the crypto market participants can use Australian Dollar (AUD) to trade cryptocurrencies, can deposit AUD via Osko and the New Payments Platform (NPP), and access the wide collection of tokens available on the Gemini ActiveTrader platform and the Gemini app. The seamless integration of AUD for crypto investments is expected to attract more crypto investors. The exchange is said to provide an instant deposit facility, avoiding the higher cost associated with international payments and waiting time on SWIFT (Society for Worldwide Interbank Financial Telecommunication).
Why Gemini’s Australian Entry is Well-Timed?
The Gemini’s Australian expansion is well-timed. Earlier in September, the Australian government made it mandatory for crypto exchanges to hold licences from Australia, similar to other financial institutions. Furthermore, the exchanges need to comply with Australian laws regarding money laundering. The industry stakeholders are currently in a state of transition. The Gemini has come at the right time and could register a following after the new compliance requirements. Besides, the crypto community is also anticipating a comprehensive regulatory framework from the Australian government soon.
But the road ahead for Gemini is not going to be easy, as it is expected to face tough competition from exchanges such as Coinbase and Kraken, which are already operating in the region. Additionally, Australia has popular local platforms like Swyftx and CoinSpot.
Despite the intense competition, the Gemini is expected to perform well as it brings 11 years of solid experience in the industry. The Nasdaq-listed exchange was founded by twins, Cameron and Tyler Winklevoss. The former Olympic participants have previously created a lot of buzz by winning a $65 million lawsuit against Mark Zuckerberg, accusing him of stealing their idea to build Facebook. Both are former classmates of the Facebook founder and early Bitcoin investors. The Gemini was founded by the twins back in 2014. Currently, the centralized exchange has expanded to more than 60 countries.