Cryptocurrency exchange Gemini has launched its Australian operations under the name "Gemini Intergalactic Australia" after securing registration with AUSTRAC as a digital currency service provider. This move allows Gemini to offer localized cryptocurrency trading services to Australian users, who previously accessed the platform through its global service. The exchange is also focusing on expanding its market presence by localizing its team and products, building on its existing institutional client base in the country. The Independent Reserve Crypto Index indicates that Australia's crypto adoption rate has increased from 28% to 31%.