TREE NEWS reports: The global number of crypto ATMs dropped to 27,358, back to levels last seen in 2021, with 587 machines removed since July 8 — 476 of them in the United States. The US still accounts for 71.4% of the global total, followed by Canada at 13.5%, Oceania at 7% and Europe at 5.6%; the US, Canada and Australia together hold about 91%. Since 2023, 35 US states have passed legislation covering crypto ATMs and self-service terminals, with Indiana, Tennessee and Minnesota banning the devices and Vermont extending a moratorium on new installations.
Global crypto ATM count falls to 27,358, lowest since 2021
AI take
The decline is concentrated in the US, and the state-level picture explains why: a growing number of jurisdictions have moved from regulating crypto ATMs to banning or freezing new installations outright. That shifts the geography of cash-to-crypto access away from the market that has dominated it, even as the US retains the overwhelming share of remaining machines. The open question is whether the pullback is a regulatory effect or a demand signal, since the headline count alone cannot separate the two.
Generated by AI for reference only.
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