The growing number of bitcoin ATMs globally

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The number of bitcoin ATMs has been growing. 8947 bitcoin ATM machines have been installed globally. The U.S. is the country with the largest number of bitcoin ATMs, followed by Canada and the United Kingdom.
There are nearly 9,000 Bitcoin ATMs and 211,239 non-ATM locations for buying or selling cryptocurrencies at across 71 countries, according to cryptocurrency ATM tracking website Coinatmradar and it’s growing everyday.In July, the number of crypto ATMs was growing from 8,490 to 8,919, the site reported. While there were 544 new bitcoin ATMs, 115 machines were shut down during that time, leaving a net growth of 429 machines.
The U.S. leads in the number of bitcoin ATMs (BTMs). There are 6,879 machines in the U.S., most of which are located in Los Angeles, Chicago, Miami, Houston, Dallas, and Atlanta. Canada is the second country with 816 bitcoin ATM locations, most of which are located in Toronto, Montreal, and Vancouver. According to Coinatmradar, other countries with more than 50 bitcoin ATM locations are the U.K., Austria, Switzerland, Spain, Germany, the Czech Republic, Poland, and Italy.
There are currently 43 producers and 554 operators of bitcoin ATM. The company which has manufactured the most bitcoin ATMs is Genesis Coin with 3,101 machines at the end of July, an increase of 157 machines during the month. The second manufacturer is General Bytes with 2,661 machines, 103 of which were added in July. Coinsource also added 56 bitcoin ATM machines last month.
The bitcoin ATM operator with the most machines is Bitcoin Depot, with 791 machines, 46 of which were added in July. The second-largest operator is Rockitcoin with 436 machines, followed by ATM Coiners, Coincloud, Coinflip, and Coinsource.
There was the focus of a recent crackdown by the U.S. government when a $25 million operation was taken down and 17 machines seized in California. The owner was running the operation without complying with proper AML requirements, as the announcement of the Department of Justice.
In June, reported that U.S. regulators had been targeting bitcoin ATMs. According to blockchain analytics firm Ciphertrace, 88% of funds that U.S.-based BTMs sent to exchanges last year were sent offshore and users on average sent more funds to high-risk exchanges than low-risk exchanges.

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