Over 1,200 Bitcoin and crypto monetary machines in the USA due to new fraud protection legislation out of operation

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Rückgang der Bitcoin- und Krypto-Geldautomaten in den USA: Ein Blick auf die Gründe In den ersten Märztagen des Jahres 2025 ist die Anzahl der Bitcoin- und Krypto-Geldautomaten in den USA um über 1.200 Geräte gesunken. Diese Entwicklung hat die Branche überrascht und wirft Fragen über die Zukunft der Krypto-ATMs in den Vereinigten Staaten auf. Neue Betrugsschutz-Gesetzgebung als Auslöser Am 25. Februar 2025 führte der Senator von Illinois, Dick Durbin, ein Gesetz zur Bekämpfung von Betrug im Zusammenhang mit Krypto-ATMs ein. Die Regelungen, die mit dem Namen Crypto ATM Fraud Prevention Act bekannt wurden, beinhalten mehrere wichtige Maßnahmen: Eine zweiwöchige Schutzfrist …
Against Bitcoin and crypto monetary machines in the United States: A look at the reasons in the first March of 2025, the number of Bitcoin and crypto monetary machines in the USA has dropped by over 1,200 devices. This development has surprised the industry and raises questions about the future of crypto-atms in the United States. New fraud protection legislation as a trigger on February 25, 2025, the Senator of Illinois, Dick Durbin, introduced a law to combat fraud in connection with crypto-atms. The regulations known with the name Crypto ATM Frau Prevention Act contain several important measures: a two -week protection period ... (Symbolbild/KNAT)

Agency of the Bitcoin and crypto monetary machines in the USA: A look at the reasons

In the first March of 2025, the number of Bitcoin and crypto cash machines in the USA has dropped by over 1,200 devices. This development has surprised the industry and raises questions about the future of the crypto-atms in the United States.

New fraud protection legislation as a trigger

On February 25, 2025, the Senator of Illinois, Dick Durbin, introduced a law to combat fraud in connection with crypto-atms. The regulations known with the name Crypto atm Frau Prevention Act include several important measures:

  • A two-week protection period for new customers after the first use of a crypto atmosphere.
  • a deposit limit to $ 2,000 per day and customer.
  • A mandatory oral confirmation for new customers for clarifying risks.
  • A reimbursement obligation for operators of the machines to betrayed customers under certain conditions.

The aim of this legislation is to protect older people in particular who are often victims of fraud. It is estimated that more than $ 5 billion in the United States is lost annually by crypto fraud.

Sudden decline in the machines

Only a few days after the new law came into force, 1,233 Bitcoin and crypto cash machines were taken out of operation. This happened, although over 800 new devices were set up in February 2025. The drastic reduction suggests that the new legal regulations present many operators with challenges that they cannot cope with.

While the number of crypto-atms in the USA decreases rapidly, other parts of the world show an opposite trend, which indicates that the new regulations in the USA could be too stressful for many operators.

global crypto-atm landscape

Despite the decline of the machines in the USA, the country remains the dominant market for Bitcoin atms. Of a total of almost 38,000 machines worldwide, there are more than 29,000 in the United States, which means a market share of almost 80 %. Canada and Australia follow with 3,085 and 1,467 machines.

However,

has largely stagnated the worldwide growth of the crypto-ATM industry since mid-2022. This stagnation is largely due to stricter regulatory measures, including mica regulation in the EU and now the new law of Senator Durbin. These regulations aim to contain fraud and prevent the operation of not registered ATMS.

There are currently around 1,736 Bitcoin atms in Europe, which illustrates the different developments in global markets.

FAZIT

The sudden decline in crypto cash machines in the United States illustrates the effects of legal changes to the industry. While new protective measures are potentially necessary to protect consumers from fraud, they also raise questions about the feasibility and growth of the crypto-atm landscape. The coming months will be crucial to observe how market conditions develop in both the USA and worldwide.