USA and Canada lead ranking of countries with the number of cryptomats

by in Cryptocurrency News

cryptomats

North American countries continue to lead the world in terms of installed bitcoin ATMs.

According to CoinATMRadar, 32,150 and 2,359 terminals are ready to serve digital currency holders in the US and Canada, respectively. The top five countries also include Spain, El Salvador, and Poland.

The researchers found that in January-February 2022, 1817 cryptomats were installed. Last year, 2,435 terminals were launched in the first two months.

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The US accounts for up to 93% of the total number of cryptomats in the world.

El Salvador got into the top five after the law on the legalization of bitcoin came into force in the country last fall.

Recall that the authorities of this Latin American state plan to place BTC bonds and attract investments. They will use these capitals to expand the cryptocurrency infrastructure, including mining.