Categories: MarketsMenafn

Global Bitcoin ATMs Decline Amid Crackdown

US law enforcement agencies have intensified their crackdown on Bitcoin ATMs, focusing on those commonly used for extortion and fraudulent activities.

According to data from CoinATMRadar, the global landscape of Bitcoin ATMs is undergoing a significant shift. Since July 2023, the number of operational Bitcoin ATMs has shrunk for the first time. This decline ends ten months of continuously increasing the number of installed crypto-dispensing machines.

Global Bitcoin ATM Analysis

According to CoinATMRadar, the United States and Canada account for 91% of the global Bitcoin ATM network. The United States hosts approximately 30,960 machines, accounting for 82.6% of the total, while Canada has 2,989 machines, boasting 7.7%.

Meanwhile, US law enforcement agencies have amplified their scrutiny of Bitcoin ATMs. This crackdown has resulted in a significant decrease in the number of operational Bitcoin ATMs nationwide.

Official records show that at least 300 Bitcoin ATMs were decommissioned this month, with 302 in the US market and 28 in Canada. In contrast, the rate of Bitcoin ATM deployment in Australia surged.

In April, the country reached a milestone of 1,000 Bitcoin ATMs, making it the world’s third-largest host of these machines. Since then, Australia has added forty-one machines, bringing its total to 1,041, representing 2.8% of the global total.

Nevertheless, new installations in Australia, Switzerland, and various European countries have compensated for the reductions in North America. Thus, the number of installed Bitcoin ATMs globally has dropped by only 280.

Concerns over Low Bitcoin ATMs

Notwithstanding the declining trend, the consistent growth of Bitcoin ATMs in other areas exhibits global demand for these services. Australia’s recent expansion of Bitcoin ATM locations illustrates that the demand for these services will keep growing.

With the crypto market rapidly evolving, analysts believe there would be supporting infrastructure. Hence, the number of global Bitcoin ATMs can extend to regions where demand for cryptocurrency services keeps rising.

Amresh Poddar

Recent Posts

BeCEXy Platform Moves From Beta to Full Launch, Uniting the Tap-To-Earn Ecosystem

After six months of successful beta testing, BeCEXy announces the full launch of its platform.…

18 hours ago

$IONIX Chain Leads Best Crypto Presale ICO in 2025 as ETH and BTC Rise

Dubai, UAE, 29th October 2025, ZEX PR WIRE, As traditional cryptocurrency giants like Bitcoin and…

19 hours ago

Zero Trade Limited l The #1 Forex Trading Platform for Brokers — Expands Global Offering with Integrated CRM and Business Formation Support in Dubai and UK

Dubai, UAE, 29th October 2025, ZEX PR WIRE, ZeroTrade Limited, a leading forex trading platform provider…

19 hours ago

Japan Launches Yen-Pegged Stablecoin Under New Regulations

Japan introduced its first yen-pegged stablecoin under domestic regulations on October 27, 2025, as startup…

3 days ago

Payments MCP: Coinbase links AI agents to crypto via x402

Coinbase has launched Payments MCP, a Model Context Protocol implementation that gives AI agents access…

6 days ago

Agrifi AGF Token Transforms DeFi with Real Farmland Utility and On-Chain Yields

Estonia, 22nd October 2025, ZEX PR WIRE, AgriFi, a blockchain-powered agricultural finance protocol, is redefining…

1 week ago