TechFlow, on October 9, according to Reuters, cryptocurrency exchange Gemini announced the establishment of its operating entity "Gemini Intergalactic Australia" in Australia. After completing registration with AUSTRAC (Australian Transaction Reports and Analysis Centre) as a digital currency service provider, it will offer cryptocurrency trading services to local users. Previously, Australian customers accessed services through its global platform. Gemini stated it already has some institutional clients locally and is localizing its team and products to expand the market. The report also mentioned that the country's crypto adoption rate has risen from 28% to 31% (Independent Reserve Crypto Index).
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