Bitcoin Depot enters Hong Kong, its first Asian market

U.S. Nasdaq-listed Bitcoin Depot, the world's largest operator of Bitcoin ATMs, has expanded its services to Hong Kong, marking its first entry into an Asian market, Cointelegraph reported. The company stated that it selected Hong Kong due to strong local demand for convenient cash-to-crypto conversions and has been working closely with local partners to facilitate the launch. There are currently 223 Bitcoin ATMs in operation across Hong Kong.