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.
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Athena Bitcoin plans to integrate the Lightning Network into 100 of its machines in the next couple of months.
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…
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.
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.
With 3,627 crypto ATMs going down last month, March 2023 becomes the month with the largest monthly decline of crypto ATMs.
For more than a year, between December 2020 to January 2022, more than 1000 crypto and Bitcoin ATMs were being installed every month.
Australia now enjoys 234 crypto ATMs, which puts her in the third spot globally after the United States and Canada.
Over the last six months, between July to the end of 2022, just 94 Bitcoin ATMs were added to the global network.
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 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.