Thursday, September 19, 2024

Economics of Bitcoin ATM market could hinder wider adoption By Cointelegraph

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© Reuters.

Because the digital asset market continues to evolve, the usage of cryptocurrency ATMs grows with it. Over the previous decade, practically 40,000 cryptocurrency ATMs have popped up worldwide.

(BTC) ATM service supplier, Bitcoin of America, had carved out a slice of the market however lately closed store in the US State of Connecticut resulting from a scarcity of correct licensing.

Connecticut closure defined

Working crypto ATMs is tougher than it appears

Who’s main the worldwide crypto ATM race?

The USA has the lion’s share of crypto ATMs globally. Supply: Coin ATM Radar

The way forward for crypto ATMs