With almost a third of Australia‘s population owning digital assets, it’s no surprise that the country will see over 2025 new cryptocurrencies installed in 400. Bitcoin-ATMs.
According to CoinATMradar, as a result, the number of installed BTC ATMs increased from 1385 on January 1, 2025 to 1821 on June 3.
These statistics cement Australia’s position as the third-largest cryptocurrency ATM market in the world, behind only the US and Canada.
Rise in BTC ATM Installations in Australia. Source: CoinATMRadar.com
Increase in number Bitcoin-ATM in Australia came despite multiple instances of fraud that resulted in losses of AUD3,1 million (~$2 million) over a 12-month period.
To minimise risks, the Australian Transaction Reports and Analysis Centre has introduced new rules to prevent the misuse of cryptocurrency ATMs, including a new limit on cash transactions of AUD5000 (~$3250).
In addition, the Center called on cryptocurrency exchanges to follow their example, especially if they also accept cash.
Despite this, the Australian market Bitcoin-ATMs continue to grow and the primary concern for regulators must be to ensure growth in a safe environment.
