US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year

The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart in terms of new installations.
2022 Ends With Fewer Crypto ATMs Globally, US Removes Almost 200 Devices
Automated teller machines (ATMs) allowing users to purchase cryptocurrencies or exchange coins for fiat have decreased in number in the past year. According to data compiled by Coin ATM Radar, the period started with 38,691 and ended with 38,603 bitcoin ATMs, a negative growth of 88 units or -0.2%. The tracking site emphasized:
This is the first time we can see a negative number of Bitcoin ATM installations.
The figures come from the Radar’s Bitcoin ATM Market Dynamics December 2022 report. The study shows that the U.S. remains the pronounced leader in terms of active ATMs, with 33,941 locations

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