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0.00235109717868347 0.0039184952978057 0.00313479623824459 0.0121473354231976 0.000783699059561251 -0.00396943573667705 -0.00940438871473348 -0.00901253918495286
Stock impact report

Gemini Expands Into Australia With Local Crypto Exchange Launch [Yahoo! Finance]

Gemini Space Station, Inc. - Class A (GEMI) 
Company Research Source: Yahoo! Finance
Key Takeaways: Gemini has established a fully localized operation in Australia after securing registration. Australia's national crypto adoption rate has reached 31%, up from 28% last year. The move follows Gemini's $425 million Nasdaq debut, as the company accelerates global growth. The New York-based company announced Thursday that its new entity, Gemini Intergalactic Australia, is now registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC) to operate as a licensed digital currency exchange. “We think there's enough market opportunity for us to build a local platform,” said Saad Ahmed, Gemini's head of APAC, during TOKEN2049 in Singapore, according to Reuters. Australia's Crypto Adoption Climbs to 31%, Up From 28% Last Year The move comes as cryptocurrency adoption in Australia accelerates. According to the Australian Independent Reserve Cryptocurrency Index, the national adoption rate climbed to 31% this year, up from 28% in 2024. Gemini, f Show less Read more
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