‘Crypto ATM’ Network Expands to 15,000 Global Installations, New Data Reveals
LONDON (Maal) — A surge in digital asset adoption has propelled the global network of ‘crypto atm’ terminals past the 15,000 mark, according to industry data released Tuesday. The milestone, tracked by monitoring firm Coin ATM Radar, reflects a 12% increase in installations over the past three months, driven by heightened demand for retail cryptocurrency access. The new devices, which allow users to purchase or sell Bitcoin and other major coins with fiat currency, have been deployed across urban centers in North America, Europe, and parts of Asia. Law enforcement agencies, however, have issued fresh warnings about potential money laundering risks associated with unregistered operators, urging stricter compliance with anti-fraud regulations. The expansion occurs amid a broader institutional push to integrate digital currencies into mainstream financial infrastructure.