Since the start of 2023, the number of Bitcoin ATMs worldwide has fallen by 10%.

The number of cryptocurrency ATMs worldwide has fallen to 33,740 units. At the start of 2023 they were 10% higher — 37,591, according to data from Coin ATM Radar.

The leader in installed Bitcoin ATMs remains the United States — 28,562 (84.6%). In second place in the ranking is Canada with 2,589 units or 7.7% of the total. Australia ranks third with 362 (1%).

By manufacturer, General Bytes leads with 9,642 crypto ATMs (28.6%). Next are BitAccess (6,808, 20.2%) and Genesis Coin (5,737, 17%).

The leading Bitcoin-ATM operator is Bitcoin Depot — the firm runs 6,251 devices or 18.5% of the market share. In the top three are also Coin Cloud (4,269, 12.6%) and CoinFlip (3,939, 11.7%).

The slowdown in the pace of installations began in January 2022. In the second half of last year, only 94 new ATMs appeared, compared with 4,169 in January–June.

In February 2023, the Bitcoin ATM operator Coin Cloud filed for bankruptcy. The company’s obligations to around 10,000 counterparties are estimated at between $100 million and $500 million.

In the same month, West Yorkshire Police and the UK’s Financial Conduct Authority conducted raids against illegal Bitcoin ATMs in the Leeds area. In March, checks began in London.