The number of bitcoin banks is growing all over the world

New Coin ATM Radar data show that bitcoin banks are installed all over the world.

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From 7756 devices in May 2020The number of banks supporting the cryptocurrency in May 2021 increased to 19452.

Most of the machines are located in the USA and account for 16З78 bitcoin-ATM, although in May 2020 they were only 56З5.

According to the network of multi-cryptocurrency banksBitcoin Depot, the company has already installed over 2500 cryptomats worldwide, most of which are located in the United States. Only in the last month the company installed 55 new cars in the USA and expects a growth of 200% this year.

The company from Atlanta explains the growth of the number of such banks, which are growing in popularity by cryptocurrency transactions and digital assets, which have been turned off.

Coin ATM Radar reports that the number of bitcoin banks in Canada has increased from 718 to 1,362 machines per year. During the same year in Europe, an increase in the number of devices was observed from 1142 to 1Z06.

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One number of installations in Great Britain is decreasing: from 274 in May 2020, a total of 181 cryptocurrency banks have been removed from the country.

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