The United States hosted its first 1,000 crypto ATMs in November 2017, while Canada achieved the same in January 2021.
El Salvador Bitcoin ATM network to receive Lightning Network upgrade
Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.
California bill aims to cap crypto ATM withdrawals at $1,000 per day to combat scams
A new legislative investigation found some crypto ATMs charging a premium as high as 33%, while a few ATMs had limits of up to $50,000.
Hong Kong retains top crypto-ready position for two consecutive years
While Hong Kong grabbed the top spot with a crypto readiness score (CRS) of 8.36, the United States fell down a spot to third place after recording a fall of 6.5% in its CRS score — from 7.7 in 2022 to 7.25.
UK FCA shuts down 26 crypto ATMs following coordinated investigation
The FCA and other law enforcement agencies investigated 36 crypto ATM locations using powers under money laundering regulations.
Net Bitcoin ATMs record an increase after 4 months of global downtrend
In the first four months of 2023, the net crypto ATMs worldwide declined by 5,850. In May, however, 1,397 machines were added back to the global crypto ATM network.
Australia installs more Bitcoin ATMs than whole of Asia
Asia, which includes major economies such as China, Japan, Singapore and India, hosts 355 crypto machines, representing 1% of the total crypto ATMs installed worldwide.
More than 3600 Bitcoin ATMs went offline to record largest monthly decline
With 3,627 crypto ATMs going down last month, March 2023 becomes the month with the largest monthly decline of crypto ATMs.
Bitcoin ATM decline: Over 400 machines went off the grid in under 60 days
Between December 2020 and January 2022, more than 1,000 crypto and Bitcoin ATMs were installed each month.
Bitcoin Depot converts BTC ATMs software to reduce operating costs
The software conversion of the crypto ATMs, which vertically integrates Bitcoin Depot’s hardware and software, eliminates annual software licensing fees.
Australia ranks 3rd in crypto ATM installations after US and Canada
Australia now enjoys 234 crypto ATMs, which puts her in the third spot globally after the United States and Canada.
Less than 100 Bitcoin ATMs added worldwide in the second half of 2022: Data
Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network.
Australia overtakes El Salvador to become 4th largest crypto ATM hub
El Salvador’s position as the fourth-largest crypto ATM hub was short-lived as Australia stepped up its game over the following months.
Spain overtakes El Salvador to become third largest crypto ATM hub
Spain currently hosts 215 crypto ATMs, pushing El Salvador — home to 212 crypto ATMs — down to the fourth position after surpassing the country by 3 crypto ATMs.
Net Bitcoin ATMs growth drops globally for the first time ever
Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network.
US dominates crypto ATMs installations and BTC hash rate worldwide
With China out of the competition, the US picked up the slack to become the highest BTC hash rate contributor — representing 37.84% of the total mining power by Jan 2022.
Bitcoin ecosystem makes a U-turn recovery in global ATM installations
Halfway through 2022, the BTC ATM installation numbers dropped 89.75% by May, followed by a swift recovery in June.
Bitcoin ATM installations record low in May, biggest drop since 2019
Over the past five months since January, Bitcoin ATM installations saw a gradual slowdown, eventually falling 89.75% from December 2021’s 1971 new installations.
Bitcoin ATM installation slowdown continues for 4th month in 2022
The evident reduction in the installations of crypto ATMs could result from the regulators’ hesitance to adopt the Bitcoin ecosystem.
A dozen Bitcoin ATMs planned at the largest EU electronics retailer
Following a successful Bitcoin ATM pilot by Europe’s largest electronics retailer, 12 new Bitcoin ATMs are coming to Austria’s MediaMarkt stores.