Crypto ATMs Vanishing From the US As Democrat Senator Dick Durbin Introduces Legislation To Regulate Technology

March 4, 2025 The Daily Hodl

Crypto ATMs

Illinois Democratic Senator Dick Durbin has announced a new bill that aims to prevent fraud associated with crypto ATMs. Americans suffered $66 million worth of losses to crypto ATM scams in the first half of 2024, according to the Federal Trade Commission (FTC). Durbin says his potential legislation would require crypto ATM operators to warn […]

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US DOJ says it seized Hamas crypto meant to finance terrorism

Crypto ATM Numbers Approach Record High: A Steady Recovery After Industry Shocks

January 11, 2025 Bitcoin.com

bitcoin.com

After a turbulent 2023 followed by a recovery in 2024, the global count of crypto-automated teller machines (ATMs) is inching closer to its former high of 39,958, achieved on Dec. 1, 2022. Crypto ATMs Prove Resilient in Post-Terra and FTX Era, Near Record Numbers The trajectory of crypto ATMs saw dramatic shifts following the Terra […]

US DOJ says it seized Hamas crypto meant to finance terrorism

Monthly Bitcoin ATM additions in Australia hit 29-month streak

December 29, 2024 Coin Telegraph

2024

Australia has a total of 1,359 Bitcoin ATMs, which is about 3.5% of all crypto ATMs in the world.

Bitcoin automated teller machines (ATMs) in Australia increased monthly for over two years, pushing the number of crypto ATMs in the country near the total number of machines in Europe.

Crypto ATM data tracker Coin ATM Radar shows that in the last 29 months, Australia maintained a net positive addition of Bitcoin ATMs at a stretch. According to the data, Australia has 1,359 ATMs, which account for 3.5% of all Bitcoin ATMs across the globe. While the percentage seems low, Australia ranks third in the number of Bitcoin ATMs globally.

Crypto ATM removed or installed in Australia. Source: Coin ATM Radar

US DOJ says it seized Hamas crypto meant to finance terrorism

Crypto ATMs: A Hotbed of Illicit Activity and Regulatory Crackdowns, Says Report

August 30, 2024 Bitcoin.com

bitcoin.com

A recent TRM Labs report reveals that crypto ATMs have processed at least $160 million in illicit transactions since 2019, with 2023 alone seeing over $30 million directed to known scam addresses. The rate of illicit activity at crypto ATMs is double that of the overall crypto industry, standing at 1.2% of total volume. Global […]

US DOJ says it seized Hamas crypto meant to finance terrorism

Coinflip Expands Cryptocurrency ATM Services to Mexico

August 28, 2024 Bitcoin.com

Ben Weiss

Coinflip has officially launched its digital currency kiosks, otherwise known as automated teller machines (ATMs), in Mexico, marking its second expansion in North America. The latest expansion follows the company’s entry into the Canadian market in 2022. Coinflip Introduces Digital Currency Kiosks in Mexico Coinflip, a U.S.-based digital currency platform, has introduced its crypto ATM […]

US DOJ says it seized Hamas crypto meant to finance terrorism

German Authority Seizes 13 Unauthorized Crypto ATMs

August 21, 2024 Bitcoin.com

ATMs

Germany’s Federal Financial Supervisory Authority (BaFin) has seized 13 unauthorized cryptocurrency ATMs in a nationwide operation involving 60 officers and raids on 35 locations. BaFin reported that the machines facilitated illegal transactions and posed money laundering risks. Under German law, trading currencies, including cryptocurrencies, without proper authorization is illegal, with violators facing up to five […]

US DOJ says it seized Hamas crypto meant to finance terrorism

Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally

June 30, 2024 Bitcoin.com

Athena Bitcoin

In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end of 2022, there was […]

US DOJ says it seized Hamas crypto meant to finance terrorism

Crypto ATM Numbers Drop by 13.91% Since December 2022, Over 3,600 Went Offline in March

April 2, 2023 Bitcoin.com

Australia

According to data from the cryptocurrency automated teller machine (ATM) aggregation website Coin ATM Radar, over 3,600 crypto ATMs went offline in March. Since the end of 2022, the number of crypto ATMs has declined by 13.91% in the last three months. Crypto ATM Numbers Decline in 2023 According to data from Coin ATM Radar, […]

US DOJ says it seized Hamas crypto meant to finance terrorism

US Seizes 18 Crypto ATMs Purchased Using Fraudulent SBA Loans — Arrests Owner

March 27, 2023 Bitcoin.com

bitcoin.com

U.S. law enforcement has seized 18 cryptocurrency ATMs that were purchased using fraudulent loans from the Small Business Administration (SBA) meant to assist small businesses financially harmed by the Covid-19 pandemic. The loans were also used to purchase bitcoin from a New York-based cryptocurrency exchange, said the U.S. Department of Justice (DOJ). Coindawg’s Crypto ATMs […]

US DOJ says it seized Hamas crypto meant to finance terrorism

UK Police Raid Crypto ATM Sites — Regulator Says No Crypto ATMs Have Been Approved

February 15, 2023 Bitcoin.com

bitcoin.com

Police in the U.K., in collaboration with the Financial Conduct Authority (FCA), have raided several sites allegedly hosting cryptocurrency ATMs. “No crypto ATM operators currently have FCA registration,” the British financial regulator stressed, adding that it is “working with multiple law enforcement partners, including local police forces, to disrupt and disable illegal crypto ATMs.” UK […]

Crypto ATMs

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