In the race for crypto ATMs, Spain and Australia have beaten El Salvador.
After legalising Bitcoin in September 2021, El Salvador will have 212 cryptocurrency ATMs.
Despite El Salvador’s crypto adoption, Australia now has 216 ATMs, followed by Spain with 215.
El Salvador’s president, Nayib Bukele, has ordered the installation of 200+ cryptocurrency ATMs to encourage Bitcoin adoption in the country after the cryptocurrency is legalised in 2021.
As a result of the push, El Salvador ranked third among countries with the most crypto ATMs, trailing only Canada and the United States. The United States currently has over 34,000 crypto ATMs, while Canada has slightly more than 2,500.
(Reporting by Shikha Singh, Editing by Laxmikant Khanvilkar)
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