Gemini Opens Its Doors to Australian Customers

Cryptocurrency exchange Gemini revealed August 21 that it is formally opening its doors to clients in Australia.

The exchange’s fifth worldwide move, the advancement implies that Australian clients can buy and sell five cryptocurrencies on Gemini including bitcoin, ethereum, bitcoin cash, litecoin, and zcash. The startup, established by investors Tyler and Cameron Winklevoss, is also making accessible its iOS and Android application to this market.

The U.S.-based Gemini furthermore operates globally in Canada, Singapore, Hong Kong, South Korea, and the U.K.

Commenting on the launch, co-founder and CEO Tyler Winklevoss stated Gemini is looking forward to establishing its “Crypto Needs Rules” mission to Australia:

“We are thrilled to continue expanding our global footprint and give Aussies a safe and trustworthy cryptocurrency experience. We founded Gemini to build trust in this nascent technology and we look forward to building that trust in Australia.”

Gemini announced earlier this week that it was adding cybersecurity master David Damato to its executive team as a chief security officer. Damato has 20 years of experience in cybersecurity before joining Gemini.

As previously reported earlier this year, Gemini is seeking to expand beyond the exchange of cryptocurrencies as well. At the time, it was learned that Gemini would apply for a broker-dealer permit from the Financial Industry Regulatory Authority, the watchdog that regulates the industry within the U.S.