CoinATMRadar News

The evident reduction in the installation of crypto ATMs could result from the regulators' hesitance to adopt the Bitcoin ecosystem.

Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores.

The financial watchdog in the U.K. has declared that all non-registered ATMs must be immediately closed down or be subject to undisclosed additional action.

In the first two months of 2022, 1,817 crypto ATMs have been installed worldwide. Last year saw 2,435 crypto ATMs installations in the same time window.

The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public.

Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region.

2021 has seen the installation of over 10,000 new crypto ATMs worldwide, with the United States taking the lead.

Worldwide, close to 10,000 new Bitcoin ATMs have been installed since March 1, 2020.

New machines are now coming online at a rate of nearly 1 per hour

The country is relatively new to crypto adoption, but is building momentum quickly.

LibertyX wants to provide instant Bitcoin cashouts as the token hits new 2020 highs.

The number of global crypto ATM’s has grown to over 7,000, after surpassing the 6,000 mark just last fall.

Ukraine is set to have 150 Bitcoin ATMs in 2017 with 20-30 of the total in Kiev.

UK-based Bitcoin ATM company Bitlish plans to instal 5000 machine in Europe alone before the end of 2017.

The number of Bitcoin ATMs is increasing globally but its correlation with the Bitcoin price or its adoption has not been firmly established.