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 <p>The number of Bitcoin and other cryptocurrency ATMs globally dropped for the first time in ten years in 2023, led by a 15% fall in the US.</p>
 <p>Crypto ATMs fell 11.1% to 33,628 last year, from 37,827 12 months earlier, says Coin ATM Radar</p>
 <p>It computes that the number of Bitcoin ATMs hit a record high of 39,376 ATMs in August 2022, but began to tumble last year .</p>
 <figure id="attachment_469582" aria-describedby="caption-attachment-469582" style="width: 100%" class="wp-caption aligncenter"><img decoding="async" class="wp-image-469582 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201143%20408'%3E%3C/svg%3E" alt="Coin ATM Radar)" width="1143" height="408" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 1143w, https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 300w, https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 1024w, https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 768w" data-lazy-sizes="(max-width: 1143px) 100vw, 1143px" data-lazy-src="https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp">
  <noscript><img decoding="async" class="wp-image-469582 size-full" src="https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp" alt="Coin ATM Radar)" width="1143" height="408" srcset="https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 1143w, https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 300w, https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 1024w, https://cdn.thebittimes.com/images/2024/01/02/f54e94792830f6e8e62acb2dafd43a31.webp 768w" sizes="(max-width: 1143px) 100vw, 1143px">
  </noscript>
  <figcaption id="caption-attachment-469582" class="wp-caption-text">
   (Source: Coin ATM Radar)
  </figcaption>
 </figure>
 <h2 id=""></h2>
 <p>One of the world’s leading Bitcoin ATM installers, BitAccess, saw net installation tank to 6,774 by Jan. 1 from from 9,160 in August 2022.</p>
 <h2 id="us-leads-with-a-15-drop">US Leads With A 15% Drop</h2>
 <p>Crypto ATMs plunged 15.4% in the US during the year, to 27,631. The nation accounts for 82% of such machines installed globally.</p>
 <p>Bitcoin of America announced the shutting down of operations in Connecticut after the State Department of Banking said the firm lacked the proper licensing.</p>
 <p>Australia, Canada, Spain, and Poland all recorded a gradual increase in the number of such ATMs.</p>
 <p>This increase coincides with increased net installations by General Bytes and Genesis Coin.</p>
 <p>Crypto ATM operator Bitcoin Depot listed on NASDAQ in July. In its Q3 2023 earnings report, the company reported a 3% year-over-year increase in revenue to $179.5 million.</p>
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 <p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-atms-installed-globally-drop-for-the-first-time-in-10-years-tbt75366.html">https://thebittimes.com/bitcoin-atms-installed-globally-drop-for-the-first-time-in-10-years-tbt75366.html</a></p>
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Bitcoin ATMs Installed Globally Drop For The First Time In 10 Years

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