Ads ad-300x250
  • Latest
  • Trending
20 Bitcoin (BTC) ATMs were installed daily in March

20 Bitcoin (BTC) ATMs were installed daily in March

April 12, 2022
How do Web3 and NFTs enrich the live music experience?

How do Web3 and NFTs enrich the live music experience?

January 23, 2023
Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

January 23, 2023
SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

December 30, 2022
The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

December 22, 2022
What is flipping in crypto?

What is flipping in crypto?

December 18, 2022
BlackRock predicts an unprecedented recession in 2023

BlackRock predicts an unprecedented recession in 2023

December 10, 2022
Waltio outlines strategy to reduce its taxation on cryptocurrencies

Waltio outlines strategy to reduce its taxation on cryptocurrencies

December 1, 2022
BlockFi files for bankruptcy after FTX collapse

BlockFi files for bankruptcy after FTX collapse

November 29, 2022
Solana’s Phantom wallet opens to Ethereum and Polygon

Solana’s Phantom wallet opens to Ethereum and Polygon

November 29, 2022
Vladimir Putin predicts a blockchain-based international payment system

Vladimir Putin predicts a blockchain-based international payment system

November 28, 2022
The Shiba Inu (SHIB) soon at the World Economic Forum?

The Shiba Inu (SHIB) soon at the World Economic Forum?

November 26, 2022
Cloud mining fraud: founders of $575 million scam arrested

Cloud mining fraud: founders of $575 million scam arrested

November 23, 2022
CoinsMag
SignIn / SignUp
  • HOME
  • NEWS
    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    BlockFi files for bankruptcy after FTX collapse

    BlockFi files for bankruptcy after FTX collapse

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Vladimir Putin predicts a blockchain-based international payment system

    Vladimir Putin predicts a blockchain-based international payment system

  • BLOCKCHAINS
    • All
    • Algorand
    • Avalanche
    • Bitcoin
    • BNB Chain
    • Cardano
    • Cosmos
    • Dogecoin
    • Elrond
    • Ethereum
    • Monero
    • Polkadot
    • Polygon
    • Ripple
    • Shiba Inu
    • Solana
    • Stellar
    • Ternoa
    • Terra
    • Tezos
    • Tron
    How do Web3 and NFTs enrich the live music experience?

    How do Web3 and NFTs enrich the live music experience?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    What is flipping in crypto?

    What is flipping in crypto?

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

  • DEFI
    Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

    Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

    BlackRock predicts an unprecedented recession in 2023

    BlackRock predicts an unprecedented recession in 2023

    Free crypto / referral codes

    This (other) billionaire, who prefers Dogecoin to Bitcoin

    This (other) billionaire, who prefers Dogecoin to Bitcoin

    Google and the king of crypto oracles Chainlink (LINK) unveil their joint project

    Google and the king of crypto oracles Chainlink (LINK) unveil their joint project

    The Bitcoin (BTC) hashrate is on the rise again

    The Bitcoin (BTC) hashrate is on the rise again

    Burger King accepts Dogecoin (DOGE) in Brazil… for dog food

    Burger King accepts Dogecoin (DOGE) in Brazil… for dog food

    791 bitcoins bought for $5 9 years ago have finally come to life

    791 bitcoins bought for $5 9 years ago have finally come to life

    Binance: the rise of the BUSD impresses

    Binance: the rise of the BUSD impresses

  • NFT
    How do Web3 and NFTs enrich the live music experience?

    How do Web3 and NFTs enrich the live music experience?

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    In the United States, a house in NFT has just been sold for $175,000

    In the United States, a house in NFT has just been sold for $175,000

    CNN is accused of rug pull by the community after its NFT project was stopped

    CNN is accused of rug pull by the community after its NFT project was stopped

    The OpenSea marketplace lands on Avalanche (AVAX)

    The OpenSea marketplace lands on Avalanche (AVAX)

    Japan sees the future in nft and metaverse

    Japan sees the future in nft and metaverse

  • GAMES
    Square Enix partners with Oasys to develop blockchain games

    Square Enix partners with Oasys to develop blockchain games

    Epic Games gets a head start on its Steam competitor

    Epic Games gets a head start on its Steam competitor

    Do you have to be a bot to enjoy web 3 (bad) games?

    Do you have to be a bot to enjoy web 3 (bad) games?

    StepN partners with Atletico and WhaleFin for a collection of exclusive NFTs

    StepN partners with Atletico and WhaleFin for a collection of exclusive NFTs

    Crypto Gaming, an industry revolution this year?

    Crypto Gaming, an industry revolution this year?

  • METAVERSE
    Solana’s Phantom wallet opens to Ethereum and Polygon

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    Is Apple planning to release a movie about Sam Bankman-Fried and the FTX case?

    World Cup in Qatar: FIFA plunges into the mawkishness

    World Cup in Qatar: FIFA plunges into the mawkishness

    The United Arab Emirates: a first “meta-nation”?

    The United Arab Emirates: a first “meta-nation”?

    At Meta, employees are forced to log into the Horizon Worlds metaverse

    At Meta, employees are forced to log into the Horizon Worlds metaverse

    No, Decentraland does not have only 38 daily active users

    No, Decentraland does not have only 38 daily active users

    Japan sees the future in nft and metaverse

    Japan sees the future in nft and metaverse

    Yuga Labs unveils its new community board in charge of the project’s evolution

    Yuga Labs unveils its new community board in charge of the project’s evolution

  • FREE CRYPTOS
  • TUTORIALS
    Buy a Ledger wallet on Amazon – Is it really secure?

    Buy a Ledger wallet on Amazon – Is it really secure?

    Odysee | EARN Lbry Credits (LBC) watching videos

    Odysee | EARN Lbry Credits (LBC) watching videos

    Web 3.0: better infrastructure needed to stop centralization

    Web 3.0: better infrastructure needed to stop centralization

    Avoiding NFTs scams: how to spot scams

    Avoiding NFTs scams: how to spot scams

    Is buying real estate in the metaverse a wise investment?

    Is buying real estate in the metaverse a wise investment?

    FOMO, the crypto investor’s worst enemy – 10 Rules to fight it

    FOMO, the crypto investor’s worst enemy – 10 Rules to fight it

No Result
View All Result
CoinsMag
No Result
View All Result

20 Bitcoin (BTC) ATMs were installed daily in March

April 12, 2022
in Bitcoin, News
20 Bitcoin (BTC) ATMs were installed daily in March

One more sign of the rampant adoption of cryptocurrencies… A new report from Finbold indicates that on average, 20 Bitcoin (BTC) ATMs were installed every day of March 2022 around the world. But not all territories are equal.

Bitcoin ATM installation exploded in March

Finbold reported this figure today. According to the news outlet, 686 Bitcoin ATMs, or ATMs, were installed in March 2022. This corresponds to 22 installations per day. In total, there are reportedly 36,733 Bitcoin ATMs in the world, a number that continues to soar.

As of last July, there were 24,000 Bitcoin ATMs. Since then, the trend has accelerated.

In total, 20,000 distributors would have been installed worldwide throughout 2021. This is a sign of confidence, according to Finbold:

“Vendors and investors are probably feeling optimistic about the long-term prospects of the field, despite the fact that the most important cryptocurrency is still quite far from its all-time high.”

Distribution still very uneven

So some countries are getting into Bitcoin ATMs, but it’s very far from being the case for all. Based on the data published by CoinATMRadar, some territories are lagging behind… Including France. It is far from being a surprise, the Hexagon has been slow for years to get into ATMs. There are currently only 3 in the whole country.

Our European neighbors seem to be better off. Spain is the third country with the most Bitcoin ATMs, with 255 of them. In Italy, there are reportedly 75 ATMs at the moment, and 48 in Belgium.

North America, however, remains far ahead: there are reportedly 32,674 Bitcoin ATMs in the United States, and 2,447 in Canada.

The world hovers between prohibition and authorization

The big loser in this ranking is of course the UK, which forced all ATMs to close last March, citing a lack of regulatory compliance with the law regarding money laundering. This is a warning, but a big one: service providers will have to declare their machines to the FCA, and prove that they are now compliant before they can reopen. At the moment, only 25 ATMs are reportedly accessible.

It’s the same story in Singapore, which had banned advertising for crypto-currencies… And considered that ATMs were an advertisement in themselves. The local Monetary Authority had thus explained:

“Providing [access to cryptos] through the use of ATMs is a form of promotion of digital payment tokens. […] This could mislead the public, who may exchange digital payment tokens impulsively, without considering the risks.”

While this sign of widespread adoption is welcome, it’s important to remember that regulators are watching, and they don’t always look favorably on ATM installation.

ShareTweetPinSendShareSend
Previous Post

Wine Bottle Club: a great NFT vintage to put crypto in your wine

Next Post

E-commerce: Shopify announces Bitcoin integration!

Related Posts

How do Web3 and NFTs enrich the live music experience?
Bitcoin

How do Web3 and NFTs enrich the live music experience?

January 23, 2023
1.5k
SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?
News

SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

December 30, 2022
2.6k
The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000
Bitcoin

The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

December 22, 2022
2.4k

Popular news

  • How do Web3 and NFTs enrich the live music experience?

    How do Web3 and NFTs enrich the live music experience?

    0 shares
    Share 0 Tweet 0
  • Paxos offers $1.5 billion deal to MakerDAO for DAI collateralization

    0 shares
    Share 0 Tweet 0
  • Free crypto / referral codes

    0 shares
    Share 0 Tweet 0
  • SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    0 shares
    Share 0 Tweet 0
  • The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    0 shares
    Share 0 Tweet 0

Categories

  • Privacy Policy

© 2022 - CoinsMag

No Result
View All Result
  • HOME
  • NEWS
  • BLOCKCHAINS
  • DEFI
  • NFT
  • GAMES
  • METAVERSE
  • FREE CRYPTOS
  • TUTORIALS

© 2022 - CoinsMag

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Ads Blocker Image Powered by Code Help Pro

Ads Blocker Detected!!!

We have detected that you are using extensions to block ads. Please support us by disabling these ads blocker.