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Australia has surpassed El Salvador to become the fourth-largest ATM hub.
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Australia reported a total of the 216 cryptocurrency ATM installations in 2023.
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The country has made the initiative to enhance its oversight of crypto-related services.
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Tony Albanese's Australian Government is working on better regulation of cryptocurrency services.
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In reality, more stringent regulations on cryptocurrency in Australia are expected to take effect in 2023.
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At present, Spain is the third largest hub for crypto ATMs hosting more than 226 ATMs that are crypto-related.
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The United States tops the charts with the highest amount of ATMs for crypto then, followed by Canada.
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Based on Coin ATM Radar, there are 38607 crypto ATMs around the globe at the moment.
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North America has 36442 crypto ATMs, which are followed by Europe and Asia.