Gemini Launches Locally Registered Australian Arm After AUSTRAC Registration

CN
7 hours ago

The move localizes Gemini’s Australian operations—previously served through its global arm—and allows the firm to offer regulated crypto exchange services in Australia, with account transitions for Australian users completed in mid‑September and new local terms and deposit instructions to take effect. Gemini said the transition is intended to enhance compliance, localization and transparency for Australian customers, while noting product access and account balances remain unchanged aside from the need to accept updated user agreements; the firm also warned of operational changes such as the suspension of staking for Australian users and conversion guidance for non‑AUD fiat balances ahead of the migration.

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