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.
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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…
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.
Bitcoin ATM installations slow down in early 2022, making a first in history
1,817 crypto ATMs have been installed worldwide in the first two months of 2022. Last year saw 2,435 crypto ATMs installations in the same time window.
Singapore crypto ATMs shut down after central bank crackdown
The move is part of a broader effort by the Singaporean watchdog to regulate advertising cryptocurrency to the public.
Uruguay reportedly installs its first Bitcoin ATM
Uruguay’s first crypto ATM has been installed in the coastal city of Punta del Este, a major tourist attraction in the region.
El Salvador ranks third in global Bitcoin ATM installations, data finds
The Salvadorian government has installed over 200 ATMs in September after adopting Bitcoin as a legal tender.