CandleFocus

Crypto ATM market to hit $2.6b by 2032, survey shows

Author: Content Editor
The global crypto ATM market is projected to grow from $87.35 million in 2023 to $2.58 billion by 2032, with an average annual growth rate of 45.7%. This growth is driven by the increasing adoption of Bitcoin and the growing acceptance of cryptocurrencies globally. Regulators are implementing favorable regulations to promote the adoption of cryptocurrencies, and there is increased collaboration between crypto ATM providers and financial institutions to ensure transaction compliance and security. Crypto ATMs are being installed in various industries, including retail, travel, and financial services, providing consumers with an easy way to purchase cryptocurrencies. However, some countries, such as the UK, remain cautious about the proliferation of crypto ATMs and have conducted checks on suspected illegal operations.

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