After a year of declining Bitcoin and crypto ATMs, May saw a significant increase in installations with almost 1,400 machines added. The first four months of 2023 saw a consistent decline in the total number of crypto ATMs worldwide, with major economies contributing to the dwindling numbers. However, Australia, Poland, and Spain saw an increase in installations during this time. Despite the decline, the United States still maintains a leading position with 84.7% of crypto ATMs in the world. Additionally, a recent security incident involving Bitcoin ATM manufacturer General Bytes resulted in the theft of at least 56 BTC and 21.82 ETH, prompting the company to advise its operators and customers to migrate to a self-hosted server installation.

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