Gemini are about to make a move down under and open their doors to Australia

Rajan Dhall, MSTA FX Daily

Crypto exchange Gemini has confirmed their latest move and announce their plans to open an exchange in Australia.

The latest news means that Australian users can buy and sell five cryptocurrencies on Gemini including bitcoin, bitcoin cash, ethereum, litecoin, and zcash. The startup is founded by investors Tyler and Cameron Winklevoss who are major players in the crypto industry. The latest addition adds to the list of jurisdictions which includes Canada, South Korea, Hong Kong, Singapore, and the UK. In a comment on the launch of the new exchange Tyler Winklevoss said:

“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.”

This adds to a great week for the brother who recently recruited David Damato to its executive team as chief security officer. Damato joins Gemini with 20 years of experience in cybersecurity.

Author

Rajan Dhall, MSTA

FX Daily

Rajan Dhall is an experienced market analyst, who has been trading professionally since 2007 managing various funds producing exceptional returns.

Sui extends sideways action ahead of Grayscale’s GSUI ETF launch

Sui is extending its downtrend for the second consecutive day, trading at 0.95 at the time of writing on Wednesday. The Layer-1 token is down over 16% in February and approximately 34% from the start of the year, aligning with the overall bearish sentiment across the crypto market.