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The number of crypto ATMs in Canada increased by 28%

The number of machines for buying cryptocurrencies on the planet continues to grow. For the year in Canada, there were 2,549 units.

Since the beginning of the year, about 400 new cryptomats have been installed in Canada. This is 28% more than in January-September last year. In January 2022, there were 2,174 ATMs in the country. Analysts note that the indicator will continue to grow, even despite the extremely difficult period for the cryptocurrency industry.

Every quarter, the number of Canadian crypto ATMs is growing by about 100 machines. This is one of the best indicators in the world, second only to the United States. In total, there are 38,750 cryptomats in the world, of which approximately 34,000 devices are installed in the United States. In Europe, there are only 1,466 cryptomats, and the figure has remained at the same level for quite a long time. In other countries, the number of such devices is limited to just a few.

It was Canada that became the country in which the first crypto ATM appeared – the machine was installed in the Waves cafe in Vancouver on October 29, 2013. That is, a little more than nine years have passed since then.

Earlier, police from the American Miami said that criminals often use cryptomats for money laundering.

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