Finbold 2025-06-03 14:55:29

Australia adds over 400 crypto ATMs in 2025

Almost one third of the population owns digital assets in Australia, so it’s hardly surprising that the country has installed over 400 new Bitcoin ( BTC ) ATMs in 2025. This brings the number of BTC ATM installations from 1,385 on January 1, 2025 to 1,821 as of June 3 as per data from CoinATMradar . The statistics solidify Australia’s position as the third-largest crypto ATM market in the world, behind only the United States and Canada. BTC ATM installations growth in Australia. Source: CoinATMRadar.com Crypto ATM regulations in Australia There’s been a lot of drama surrounding cryptocurrency ATMs in Australia, as scams using the machines have resulted in losses amounting to AU$3.1 million (~US$2 million) over a 12-month period. Today, the Australian Transaction Reports and Analysis Centre (AUSTRAC) introduced new rules to prevent crypto ATM misuse, including a new AU$5,000 (~US$3,250) limit on cash transactions. While the limits apply directly to ATM operators, AUSTRAC implores digital currency exchanges to follow suit, especially if they also accept physical cash. With around 150,000 transactions annually, crypto ATMs are clearly the preferred entry point for many residents, particularly those aged 60 to 70 (i.e., those most vulnerable to scams), according to AUSTRAC. Still, the Australian Bitcoin ATM market continues to grow, as evidenced by the expanding ATM infrastructure. The primary challenge for the regulatory bodies will lie in ensuring that growth continues in a safe environment. Featured image via Shutterstock The post Australia adds over 400 crypto ATMs in 2025 appeared first on Finbold .