Gemini Could Expand Australia Presence After AUSTRAC Registration, May Seek AFSL While Watching Crypto Law Consultation

Gemini Australia expansion: Gemini has registered a local entity, Gemini Intergalactic Australia, with AUSTRAC to connect to Australian payment rails and build a Sydney team, while observing draft AFSL-focused laws before launching additional services like staking and ￰0￱ AU entity registered with AUSTRAC enables access to payment rails and local ￰1￱ plans a Sydney office and has appointed James Logan to lead Australian ￰2￱ crypto penetration sits around 23–25%, leaving clear growth ￰3￱ Australia expansion: AUSTRAC-registered local entity enables payment rails and a Sydney team—watching AFSL reforms before wider product ￰4￱ on to learn next ￰5￱ is Gemini’s expansion plan in Australia?

Gemini Australia expansion means Gemini has formed a locally registered entity, Gemini Intergalactic Australia, to offer improved payment options, local marketing and customer-facing services from a Sydney base while it evaluates pending AFSL-focused ￰6￱ local entity registration with the Australian Transaction Reports and Analysis Centre (AUSTRAC) removes several regulatory constraints the exchange faced when operating solely under its global ￰7￱ head of APAC, Saad Ahmed, at Token2029 in Singapore.) to eventually offer services such as crypto staking and branded credit card products. Gemini’s head of Asia Pacific, Saad Ahmed, has signalled a phased rollout: initial focus on core trading and improved payments, followed by license-driven product expansion once local approvals are in ￰8￱ will lead Gemini’s Australian operation?

Gemini will base its Australian team in Sydney and has appointed James Logan, who previously led local operations for exchanges Luno and Bitget, to head its Australian ￰9￱ leadership choice prioritises local industry experience and regulatory ￰10￱ is Gemini taking a “wait-and-see” stance on Australia’s draft crypto laws? Gemini is observing the Albanese government’s consultation on draft legislation that would require crypto firms to obtain an AFSL and broaden ￰11￱ exchange prefers to monitor industry-government discussions before making formal submissions or pursuing aggressive lobbying in ￰12￱ noted there will be dialogue between industry participants and regulators over the coming ￰13￱ aims to remain compliant and customer-focused rather than engaging in prolonged regulatory pushback. , "description": "Gemini has registered a local Australian entity with AUSTRAC to integrate payment rails and build a Sydney-based team while monitoring draft AFSL-focused laws before rolling out staking and card products." , Frequently Asked Questions Has Gemini formed a local Australian business entity? ￰14￱ formed Gemini Intergalactic Australia and registered with AUSTRAC to permit local payments, marketing and customer onboarding from an Australian ￰15￱ will Gemini apply for an AFSL?

Gemini is working toward an Australian Financial Services License to expand ￰16￱ company has indicated it will pursue AFSL approval but will sequence product launches based on regulatory ￰17￱ large is the Australian crypto market opportunity? Gemini’s APAC head estimates Australian crypto penetration at roughly 23–25%, indicating notable market adoption and room for growth for exchanges that offer competitive local ￰18￱ Takeaways Local registration: AUSTRAC registration enables onshore payment rails and customer-facing ￰19￱ product rollout: Gemini will prioritise core trading and payments, then seek AFSL for staking and card ￰20￱ posture: The exchange will observe Australia’s consultation process and prepare to comply once laws are ￰21￱ Gemini’s move to establish a local entity in Australia signals a clear intent to scale in a market with substantial crypto ￰22￱ registering with AUSTRAC and building a Sydney team, the exchange positions itself to integrate local payment rails and pursue an AFSL before expanding product ￰23￱ for further licence progress and product announcements over the coming months.