List of Flash News about Coin ATM Radar data
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2025-09-20 04:00 |
Bitcoin (BTC) ATMs from 1 in 2013 to nearly 40,000 worldwide: data and regulatory drivers traders must know
According to the source, the first BTC ATM opened in Vancouver in 2013 at Waves Coffee House on Oct 29, 2013 (source: Reuters). Coin ATM Radar data show global Bitcoin ATM installations peaked near 39,000 in late 2022, dipped in 2023, and recovered to around 38,000 by mid‑2024, supporting a near‑40,000 footprint today (source: Coin ATM Radar). The UK ordered all unregistered crypto ATMs to shut since March 2022, materially curbing deployments in that market (source: UK Financial Conduct Authority). In the U.S., operators are treated as money services businesses and must implement AML/KYC programs, raising compliance costs and shaping rollout pace (source: FinCEN). For trading, a broader ATM network reflects wider fiat on‑ramp availability for retail BTC flows, although ATM fees are typically higher than online exchanges and can restrain volumes (source: U.S. Federal Trade Commission). |