January 30, 2023

Bobbys Brane

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Australia overtakes El Salvador to become 4th largest crypto ATM hub By Cointelegraph

1 min read

El Salvador, the first country to legalize (BTC), has been pushed down yet another spot in total crypto ATM installations as Australia records 216 ATMs stepping into the year 2023.

As part of El Salvador’s drive to establish Bitcoin as a legal tender, President Nayib Bukele had decided to install over 200 crypto ATMs across the country. While this move made El Salvador the third largest crypto ATM hub at the time after the United States and Canada in September 2021, Spain and Australia overtook the Central American country’s ATM count in 2022.

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