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Australia Leads the World in Bitcoin (BTC) ATM Growth as Kiosks Pour in Australia Leads the World in Bitcoin (BTC) ATM Growth as Kiosks Pour in

Australia Leads the World in Bitcoin (BTC) ATM Growth as Kiosks Pour in

Bitcoin automatic-teller machines are streaming into Australia, making the country the fastest-growing market for the kiosks and stirring questions about the source of demand for the contentious service.

Users of such ATMs can feed in cash to receive crypto in digital wallets or obtain physical notes from token sales. The US accounts for the vast bulk of the market with about 32,000 machines, followed by the roughly 3,000 in Canada, according to data collated by Coin ATM Radar.

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Richard Henderson

https://www.bloomberg.com/news/articles/2024-08-29/australia-leads-the-world-in-bitcoin-btc-atm-growth-as-kiosks-pour-in?srnd\u003dphx-markets

2024-08-29 19:00:00

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