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5,700 Cryptocurrency ATMs Taken Offline in Unprecedented Decline

In a significant departure from previous trends, the cryptocurrency ATM landscape witnessed an unprecedented change last year, marking the first annual reduction since its founding. According to coinatmradar.com data, December 2022 recorded a peak of 39,350 machines globally dispensing cryptocurrency assets such as Bitcoin and ethereum.

However, a notable change occurred, with approximately 5,730 machines (14%) of the initial 39,000 units being subtracted. This culminated in the present count of around…

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