[Bloomberg: Australia leads the world in cryptocurrency ATM growth] On August 30, according to Bloomberg, Bitcoin ATMs are pouring into Australia, making the country the fastest growing market for these machines and raising questions about the source of demand for this controversial service. According to CoinATMRadar, the United States accounts for the vast majority of the market, with about 32,000 cryptocurrency ATMs, followed by about 3,000 in Canada. Australia ranks third, with nearly 1,200 cryptocurrency ATMs, compared to just 73 two years ago, and more ATMs are under construction. In a call with analysts in August, Brandon Mintz, CEO of U.S.-based Bitcoin Depot Inc., said the company has more than 200 cryptocurrency ATMs in Australia waiting to be deployed after regulatory approval. CoinATMRadar data shows that Australia's recent growth leads the world. Operators believe that these ATMs promote financial inclusion by providing convenient access to cryptocurrencies. But critics point to the risks of money laundering and fraud that can lead to losses for users. Countries including Britain and Singapore have banned the machines, while Germany is cracking down on them.