CoinATMRadar News

The US lost 1,233 cryptocurrency ATMs in early March, just days after a senator proposed a bill to curb fraud in the sector.

Poland surpasses El Salvador to become the fifth-largest Bitcoin ATM hub globally, recording 219 active machines amid a four-month installation spree.

North Dakota’s lawmakers have introduced a bill aimed to combat crypto ATM transactions after 103 state residents reported $6.5 million in losses to crypto scams in 2023.

Bitcoin crossed $100K, marking a bullish year. Still, legal battles, regulatory crackdowns and poor decisions tested the industry.

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.

Chico, California, looks to state and local regulations to oversee Bitcoin ATMs, aiming to limit fraud and ensure transparency.

Global Bitcoin ATM network shrinks by 334 machines in under 40 days, with the US and Europe seeing the most significant reductions.

For two years in a row, Canadians have shown a strong preference for cash and card payments for day-to-day purchases.

The 2,564 cryptocurrency ATMs installed so far in 2024 are on track to surpass the 2,861 machines removed in 2023.

Countries worldwide contributed heavily to the month-on-month increase in Bitcoin ATMs throughout 2024, collectively coming close to reclaiming the 38,000 mark.

The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021.

Crypto ATM installs declined in 2023, but a post-halving Bitcoin price growth spurt should see the space rebound, says Bitcoin Depot CEO Brandon Mintz.

Fifteen years after the first block of Bitcoin was mined, the original cryptocurrency has battled critics, haters and agitators, and emerged victorious - and is now ranked as one of the top ten most valuable assets in the world.

For nearly a decade, the number of crypto ATMs had steadily increased without fail, but something flipped in late 2022.

Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.