Coinatmradar Data Shows Global Crypto ATMs Crash From 38,708 Down to 27,945 Machines

3 weeks ago

The United States has mislaid 10,763 crypto automated teller machines (ATMs) since the web stood astatine 38,708 machines 68 days agone connected May 1, and coinatmradar.com information shows the diminution accelerated erstwhile authorities regulators started shutting kiosks down for good.

Key Takeaways

  • U.S. crypto ATMs fell to 27,945 machines, down 10,763 from a highest of 38,708.
  • Bitcoin Depot filed Chapter 11 connected May 18, 2026, pulling 9,700 machines offline.
  • Vermont’s Act 142 took effect July 1, 2026, joining bans successful Indiana, Tennessee and Minnesota.

Bitcoin ATM installations maturation information from coinatmradar.com shows dependable enlargement from 2020 done 2022, erstwhile operators added much than 2,000 machines a period astatine the precocious point. That maturation curve has present reversed massively. Coinatmradar.com stats amusement that the web stood astatine 27,945 machines arsenic of July 8, 2026, the lowest number successful years. The past clip the tally fell to this level was during the play spanning September and October 2021.

Four states person banned crypto ATMs outright. Indiana signed HB 1116 successful March 2026, becoming the archetypal authorities to prohibit the machines entirely. Tennessee followed with HB 2505, signed April 13 and effectual July 1, making ownership oregon cognition a Class A misdemeanor. Around 185 machines were moving successful Tennessee earlier the prohibition took hold.

coinatmradar.com chartThe fig of crypto ATMs worldwide present stands astatine 27,945 machines pursuing the decline.

Minnesota signed SF 3868 connected May 5, with the operations prohibition effectual Aug. 1 and afloat removal required by 2027. Vermont closed the loop with Act 142, signed June 16 and effectual July 1, which permanently bars operators from locating oregon moving kiosks successful the authorities and voids immoderate existing registrations.

No different authorities has enacted a afloat prohibition arsenic of aboriginal July. Delaware and New Jersey some person prohibition bills sitting successful committee, and neither has travel up for a last vote. Local governments person moved faster than immoderate authorities legislatures. Spokane, Washington, on with Stillwater and St. Paul successful Minnesota, already restricts oregon bars the machines astatine the metropolis level, abstracted from immoderate their authorities legislatures decide.

Bitcoin Depot’s Exit

Bitcoin Depot, formerly 1 of the largest crypto ATM operators successful the state with astir 9,700 machines, filed for Chapter 11 bankruptcy connected May 18. The filing pointed to stringent compliance obligations, outright authorities bans, and mounting litigation arsenic reasons the concern exemplary nary longer worked. The institution began winding down its web arsenic portion of the case, pulling thousands of machines offline successful a substance of weeks.

Kroll Bankruptcy Screenshot from the Bitcoin Depot Case. Bitcoin Depot’s bankruptcy is being managed by Kroll.

Crypto ATM fig nett changes statistic from coinatmradar.com amusement the interaction successful stark terms. Monthly figures moved from beardown affirmative territory successful 2020 and 2021 to progressively volatile, past negative, readings by 2023 done 2025. The astir caller play shows a azygous monthly nett alteration of astir antagonistic 10,230 machines for June 1, 2026, a plaything with nary precedent successful coinatmradar.com’s data set.

That azygous barroom tells a antithetic communicative from the moving total. A cumulative illustration makes a diminution look gradual adjacent erstwhile it isn’t. The monthly figures amusement years of dependable enlargement giving mode to a short, crisp illness erstwhile bans and bankruptcy deed astatine astir the aforesaid time. Operators who built their concern astir bladed per-transaction fees had small country near erstwhile compliance costs roseate successful authorities aft state.

Why Regulators Moved

State lawmakers built their lawsuit astir fraud. The FBI reportedly logged thousands of complaints tied to crypto ATMs successful 2025, with losses moving into the hundreds of millions of dollars. Romance scams and concern fraud schemes often propulsion victims, disproportionately seniors, toward a adjacent kiosk due to the fact that the transactions wide accelerated and cannot beryllium reversed.

States that stopped abbreviated of a afloat prohibition person leaned connected transaction caps, mandatory fraud warnings, wealth transmitter licensing, and refund rules for victims who record a constabulary report. California, Arizona, Georgia, Virginia, and Arkansas person each added rules on these lines since 2025. Delaware and New Jersey bash person prohibition bills moving done committee, but person not enacted them arsenic of aboriginal July.

What This Means for Bitcoiners

The carnal on-ramp that crypto ATMs erstwhile provided is shrinking accelerated successful states that person decided the machines make much harm than access. For traders and investors who trust connected exchanges, brokerages, oregon peer-to-peer platforms, the displacement changes small time to day. For the conception of the nationalist that utilized kiosks arsenic a archetypal introduction constituent into bitcoin, options are narrowing to app-based exchanges and slope transfers, depending connected the authorities you unrecorded in.

coinatmradar.com chartSince May 1, 2026, 10,763 machines person been removed. The largest drawdown occurred connected June 1, 2026, according to coinatmradar.com.

Investors watching Bitcoin Depot’s bankruptcy lawsuit person different space to track. The company’s remaining machines, contracts, and retail partnerships are assets that could beryllium sold disconnected oregon absorbed by a rival inactive operating successful little restrictive states. Any merchantability would reset the ownership representation for the machines that past the existent question of removals.

Coinatmradar.com information indicates the U.S. accounted for the immense bulk of planetary crypto ATM losses successful the archetypal fractional of 2026, which highlights however concentrated this contraction has been successful American authorities legislatures alternatively than a broader manufacture pullback overseas.

The remaining 27,945 machines are dispersed crossed states with lighter rules, and caller installations proceed successful immoderate of them, though those additions are not adjacent to offsetting the losses tied to bans and Bitcoin Depot’s exit. Whether the different states travel Indiana, Tennessee, Minnesota, and Vermont depends mostly connected however fraud numbers inclination done the remainder of 2026 and connected what happens to Bitcoin Depot’s assets during its bankruptcy proceeding.

On March 29, 2026, the United States had 30,247 crypto ATM machines successful operation, and today, that fig stands astatine 20,005, according to coinatmradar.com’s geo organisation data.

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