Australia Breaks Through the 1,000+ Bitcoin ATM Mark

in voilk •  3 months ago

    As of April 24, Australia had 1,002 operational Bitcoin ATMs, marking a major milestone in the country's cryptocurrency history. Australia is now the third nation, after the US and Canada, to have more than 1,000 crypto-fiat machines thanks to this accomplishment. With greater engagement from private enterprises, Australia, which accounts for 2.7% of the worldwide Bitcoin ATM network, has witnessed a tremendous surge in usage since the end of 2022.
    With 31,170 machines, or 82.8% of the total, the United States now leads the world in the number of Bitcoin ATMs. Canada comes in second with 2,918 machines, or 7.8% of the total. Australia's increasing prominence in the cryptocurrency sector is demonstrated by the swift increase in Bitcoin ATMs there, which will overtake those in Asia by April 2023. At the current rate of installation, Australia is on track to surpass Europe, which now has 1,617 Bitcoin ATMs, or 4.3% of all active ATMs. Other noteworthy nations with regard to cryptocurrency ATMs are Germany, Poland, Hong Kong, El Salvador, and Spain.

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