Bitcoin ATMs are dispensers where users can liquidate their cryptocurrencies in fiat directly. According to a recent report by Coin ATM Radar, Bitcoin ATMs around the world have risen in recent days. Over 882 Bitcoin ATMs have already been added, in the first ten days of June alone. This comes after the Bitcoin ATM installations witnessed a steep decline throughout the year 2022, with May recording just 202 new BTC ATMs, a range last seen three years ago in 2019, as per Cointelegraph.
As per Coin ATM Radar, almost 23 Bitcoin ATMs are installed every day around the world. Earlier, in December 2021, approximately 1,970 crypto ATMs were installed globally. In these last six months, however, the number of newer machines cropping up hit a stagnant spot.
Meanwhile, in November 2021 US Federal Bureau of Investigation (FBI) issued a warning against cybercriminals that are using Bitcoin ATMs and QR codes to defraud unsuspecting individuals. The FBI in a Public Service Announcement (PSA) said...
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