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On November 8, according to the Financial Times, citing data provider AltIndex, although the number of crypto ATMs has declined since the high point in 2022, new machines are still being installed, and as of October this year, there are 32,521 crypto ATMs worldwide, a number that has been increasing since the summer.


Luxembourg-based Bitgamo runs virtual crypto ATMs where users can convert tokens into cash with the click of a few online buttons. Bitgamo plans to launch about 90 brick-and-mortar ATMs next year, said Gabriel Weber, director of communications at Bitgamo, adding that the ATM business is booming, with more than 50 million daily transactions
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