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Bitcoin ATM Rush Down Under: Australia Leapfrogs El Salvador, Poland

Australia had a total of 225 Bitcoin ATMs by the end of 2022 after installing around 150 machines in the final four months of the year, overtaking El Salvador and Poland to become home to the fourth-highest number of crypto ATMs in the world, according to data from CoinATMRadar.com. The Monetary Authority of Singapore, the city-state’s central bank, issued new guidelines in January 2022 to restrict crypto businesses from promoting their services to the general public, leading crypto ATM operators to halt their services in the country. (forkast)

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