THELOGICALINDIAN - The cardinal of bitcoin ATM locations has been ascent steadily Almost 9000 bitcoin ATMs accept been installed common The US leads as the country with the better cardinal of bitcoin ATMs followed by Canada and the United Kingdom
Nearly 9,000 Bitcoin ATMs
There are currently 8,947 cryptocurrency ATMs and 211,239 non-ATM locations you can buy or advertise cryptocurrencies at beyond 71 countries, according to cryptocurrency ATM tracking website Coinatmradar. In July, the cardinal of crypto ATMs rose from 8,490 to 8,919, the armpit appear Monday. While there were 544 new bitcoin ATMs, 115 machines were shut bottomward during the month, abrogation a net advance of 429 machines.
The U.S. continues to advance in the cardinal of bitcoin ATMs (BTMs). At the time of this writing, there are 6,879 machines in the U.S., best of which are amid in Los Angeles, Chicago, Miami, Houston, Dallas, and Atlanta. Canada comes additional with 816 bitcoin ATM locations, best of which are amid in Toronto, Montreal, and Vancouver. According to Coinatmradar, added countries with added than 50 bitcoin ATM locations accommodate the U.K., Austria, Switzerland, Spain, Germany, the Czech Republic, Poland, and Italy.
There are currently 43 producers and 554 operators. The aggregation which has bogus the best bitcoin ATMs is Genesis Coin with 3,101 machines at the end of July, an access of 157 machines during the month. The second-largest architect is General Bytes with 2,661 machines, 103 of which were added in July. Coinsource additionally added 56 bitcoin ATM machines aftermost month.
The bitcoin ATM abettor with the best machines is Bitcoin Depot, which has 791 machines, 46 of which were added in July. The second-largest abettor is Rockitcoin with 436 machines, followed by ATM Coiners, Coincloud, Coinflip, and Coinsource.
Bitcoin ATMs were the focus of a contempo crackdown by the U.S. government back a $25 actor operation was taken bottomward and 17 machines bedeviled in California. The buyer was active the operation after acknowledging with able AML requirements, the Department of Justice said.
In June, news.Bitcoin.com appear that U.S. regulators had been targeting bitcoin ATMs. According to blockchain analytics close Ciphertrace, 88% of funds that U.S.-based BTMs beatific to exchanges in 2019 were beatific adopted and users on boilerplate beatific added funds to high-risk exchanges than low-risk exchanges.
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Image Credits: Shutterstock, Pixabay, Wiki Commons, Coinatmradar.com
