Bitcoin Depot, North America's largest Bitcoin ATM operator hits Hong Kong, kicking off their plans of expansion in the Asian market.
CoinTelegraph •
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Promote with Leviathan News"Bitcoin ATMs in Hong Kong must obtain a Money Service Operator license from the Customs and Excise Department to legally facilitate cash-to-crypto transactions. According to data from Coin ATM Radar, there are 223 Bitcoin ATMs operating in the city. A company spokesperson also told Cointelegraph that its “compliance team worked closely with local partners to ensure our Hong Kong operations meet all applicable requirements, including licensing, AML, and KYC standards.”"
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More coverage
- Bitcoin Depot expands into Hong Kong amid growing crypto demand (investing.com)
- Bitcoin Depot Expands into Hong Kong, Marking First Asia Expansion (ir.bitcoindepot.com)
- Bitcoin Depot Expands into Hong Kong, Marking First Asia Expansion (globenewswire.com)
- ATM Operator Bitcoin Depot Enters Hong Kong, First Expansion Into ... (news.bitcoin.com)
- Bitcoin Depot Bolsters Expansion Efforts with the Addition of 13 New ... (ir.bitcoindepot.com)
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