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Gemini Expands to Australia with New Arm, Bolstering Regional Crypto Access

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Gemini, the prominent cryptocurrency exchange founded by the Winklevoss twins, has officially expanded its operations to Australia with the launch of Gemini Intergalactic Australia. This strategic move, announced on October 10, 2025, marks a significant step in tapping into Australia’s burgeoning crypto market and the broader Asia-Pacific region’s growing demand for digital assets.

AUSTRAC Registration and Compliance Focus

Gemini Intergalactic Australia is fully registered with the Australian Transaction Reports and Analysis Centre (AUSTRAC), ensuring compliance with the country’s stringent anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. This commitment to regulatory adherence underscores Gemini’s reputation as a trusted platform, prioritizing security and transparency for its users. By aligning with AUSTRAC’s requirements, Gemini positions itself as a reliable choice for Australian crypto enthusiasts and institutional investors alike.

Services Tailored for Australia

The new Australian arm offers a suite of services, including cryptocurrency trading and secure custody solutions. Users can trade a wide range of digital assets on Gemini’s platform, known for its user-friendly interface and robust security measures. The custody service, a cornerstone of Gemini’s offerings, provides institutional-grade storage for crypto assets, appealing to both retail and professional investors seeking safe and compliant solutions. This expansion caters to Australia’s growing crypto adoption, driven by increasing interest in decentralized finance (DeFi) and blockchain-based applications.

Competing in the Asia-Pacific Market

Gemini’s entry into Australia intensifies competition in the region’s crypto exchange landscape, where global players like Binance and Coinbase have already established a presence. By emphasizing regulatory compliance and leveraging its reputation for security, Gemini aims to differentiate itself in a crowded market. The Asia-Pacific region, with its rapidly growing crypto user base, presents a significant opportunity for Gemini to capture market share and establish a foothold in Australia’s dynamic financial ecosystem.

Tapping into Australia’s Crypto Boom

Australia has seen a surge in cryptocurrency adoption, fueled by a tech-savvy population and increasing institutional interest in digital assets. Gemini’s expansion aligns with this trend, offering Australians access to a trusted platform for trading and managing crypto portfolios. The launch of Gemini Intergalactic Australia reflects the exchange’s broader strategy to expand globally, capitalizing on the rising demand for crypto services in key markets.

Looking Ahead

With Gemini Intergalactic Australia, the exchange is well-positioned to support Australia’s growing crypto community while strengthening its presence in the Asia-Pacific region. By combining regulatory compliance, advanced security, and a comprehensive suite of services, Gemini is poised to compete effectively against rivals and contribute to the mainstream adoption of cryptocurrencies in Australia. As the global crypto landscape evolves, Gemini’s latest move signals its commitment to driving innovation and accessibility in the digital asset space.

Disclaimer

The content on CoinReporter.io is for informational purposes only and is not financial or investment advice. Cryptocurrency investments are highly volatile and risky. Always conduct your own research and consult a qualified financial advisor before making investment decisions. CoinReporter.io and its authors are not liable for any losses resulting from actions based on this website’s content.

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Terra Classic Community Passes Major Upgrade Proposal

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The Terra Classic community has successfully voted to approve Proposal v14_1, a significant network upgrade for the blockchain that powers the LUNC and USTC tokens.

The proposal received strong support from both validators and the community. It greenlights the deployment of terrad v4.0.0, the new software version that prepares Terra Classic for the Cosmos SDK 0.53 upgrade and includes a dedicated v14_1 upgrade handler for the mainnet.

What the Upgrade Includes

This new version brings Terra Classic in line with the latest Cosmos SDK framework. It delivers several important improvements, including:

  • Better overall performance
  • Enhanced security features
  • Improved compatibility with modern tools used across the Cosmos ecosystem

The technical upgrades include:

  • Cosmos SDK v0.53.6
  • CometBFT v0.38.21
  • wasmd v0.61.8
  • wasmvm v3.0.3

While these details may sound technical, the main takeaway is simple: this upgrade makes the entire Terra Classic network more stable, secure, and ready for future development.

Why This Is a Big Milestone

For LUNC and USTC holders, this is meaningful progress. After years of challenges following the 2022 Terra collapse, the successful passage of this proposal shows that the community and validators are still actively working together to maintain and improve the blockchain.

Upgrades like this are foundational — they don’t instantly change the price, but they keep the network healthy and create the groundwork for possible new features and better functionality in the future.

What Happens Next

The network will temporarily pause (a planned “chain halt”) on Friday, April 17, 2026, so validators can install the new software. Once the upgrade is complete and the network restarts successfully, Terra Classic will be running on more modern and efficient technology.

Bottom Line

The approval of Proposal v14_1 is a quiet but important achievement for Terra Classic. It demonstrates ongoing commitment from the community and marks another step forward in the long journey of rebuilding and strengthening the network.

Many holders see this as positive momentum and a sign that technical development on Terra Classic continues to move ahead in 2026.

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