Gemini, a leading New York-based crypto exchange and custodian, has announced the addition of support for the fiat currencies of Hong Kong, Australia, and Canada. According to an August 17 blog post, the Gemini platform has added trading support for the Hong Kong dollar (HKD), Australian dollar (AUD), and Canadian dollar (CAD).
The 3 new fiat currencies come in addition to the already existing U.S. dollar (USD), allowing Gemini customers in these 4 location to seamlessly transfer funds onto the exchange to buy and trade crypto with their native currencies. The new additions offer Gemini customers across the world more options on how they choose to manage their currencies and trade crypto.
According to the announcement, HKD, AUD, and CAD are currently not offered on Gemini?s Active Trader Platform. However, the currencies will become available soon, as part of the company?s new product roadmap. It also noted that more updates on new international currency offerings are coming soon.
The news comes after recent report that the exchange has partnered with leading tech company, Samsung. Their partnership aims to allow Samsung Blockchain Wallet users to connect to the Gemini mobile app to buy and trade crypto.
Gemini, which is headquartered in New York, also operates in other countries like Hong Kong, South Korea, Canada, and Australia. On June 11, the exchange also revealed its plans to expand its services to the Asia Pacific Region. It announced plans to apply for regulatory license in Singapore and also appointed former Goldman Sachs Executive as managing director for the region.
In April 2020, the exchange announced that it has completed a Service Organization Control (SOC) 1 Type 1 examination conducted by auditing giant Deloitte. Gemini said at that time that it is the world?s first digital currency custodian and exchange company to demonstrate this high-level of financial operations compliance.