Global Bitcoin ATM installations slow down by 25% - BitcoinEthereumNews.com
Bitcoinवैश्विक बिटकॉइन एटीएम इंस्टॉलेशन 25% धीमा03 / 01 / 2022बिटकॉइन एथेरियम समाचार टीएल; डीआर ब्रेकडाउन Bitcoin ATM installations slowed down in early 2022 Regulation could be a possible cause of the slowdown The rate of Bitcoin ATMs installation is likely to surge with more crypto adoption. The rate of Bitcoin ATM installations has generally decreased from levels seen in the past years, according to information provided by Coin ATM Radar. On the other hand, the current shift is anticipated to change this year. Bitcoin ATM installation rate drops in 2022 A total of 1,817 crypto ATMs were installed worldwide throughout January and February 2022. However, in the same period last year, 2,435 crypto ATMs were put in operation, representing a 25% decline when compared. This could be an early sign that the demand for crypto ATMs is waning, and people turn to other alternatives to process crypto transactions. Its still too early to tell for sure. One possibility is that Bitcoin ATM operators feel the pressure of regulatory uncertainty. Several global authorities, including the US Government Accountability Office (GAO), has disclosed plans to tighten regulation on crypto ATMs while noting that these machines are being used for illegal transactions. It will be interesting to see how the trend for