Australia, ready to use Bitcoin ATMoutnumbered the Asian continent.
The Asian continent, which includes major economies such as China, Japan, Singapore and India, represents 1 percent of the total Bitcoin ATMs installed worldwide. 355It houses the Bitcoin ATM.
The Number of Bitcoin ATMs Worldwide Decreases
Australia, which has experienced an increase in Bitcoin ATM installations since the beginning of 2023, rose from fifth to third place in January. Coin ATM RadarData from , shows that the country is striving for a fiat-to-crypto conversion.
Australia, leading European countries and United States of America Contrary to , Bitcoin has increased the number of ATMs. In this process, the number of ATMs worldwide decreased. According to a previous report by Cointelegraph, in the first two months of 2023, worldwide 412Bitcoin ATM disabled.
Documents recently leaked from the Australian Treasury Department revealed that crypto legislation is imminent. In this context, the Australian government plans to issue consultation documents in the second quarter of 2023.
However, it is thought that the final presentations to the cabinet will be made later in the year. This means that any decision on crypto legislation could be delayed to 2024.
