BitXatm partnered with CryptVision to commission 1,000 bitcoin ATM units in the US.
Last year in 2023, the Bitcoin ATM scams resulted in more than $110 million in losses with a majority of the victims particularly from the age group of 60 and more.
The United States alone has 31,649 Bitcoin ATMs, marking 82.6% of the world’s machines.
Within 5 days, 29 Bitcoin ATMs went offline in Europe, bringing its total down to 1,589 machines. Looking at the brighter side, Australia added 77 new Bitcoin ATMs into global circulation during the same period.
Law enforcement agencies in the US have recently been clamping down on Bitcoin ATMs, especially those frequently used for extortion and scams.
The bill’s most contentious aspect is a one-year moratorium on the installation of new Bitcoin ATM kiosks in Vermont.
By April 2023, the country had already overtaken Asia on the Bitcoin ATM count roll.
The company has a huge presence around Europe. With the European Union block ready to adopt crypto, companies are preparing to take up emerging opportunities.
As Bitcoin ATMs are not usually listed on Google Maps, you would need to use other tools to locate them. Let us now have a look at some of the available tools to finds the nearest Bitcoin and Cryptocurrency ATMs.