• user-img

    Sonal Shridhar Shinde in Crypto News

    02-Jan-2023 11:44 AM


    Australia overtakes El Salvador to become 4th largest crypto ATM hub

    El Salvador, the first country to legalize Bitcoin (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023.
    While this move made El Salvador the third-largest crypto ATM hub at the time after the United States and Canada in September 2021, Spain and Australia overtook the Central American country’s ATM count in 2022.
    The total number of crypto ATMs worldwide is 38,602, out of which 6,071 ATMs were installed in 2022 alone.
    “Customers should be encouraged to use alternative channels (internet banking, mobile banking apps, USSD, cards/POS, eNaira, etc.)
    to conduct their banking transactions,” noted Haruna Mustafa, the director of banking supervision, while announcing the drive.
    Source: Cointelegraph