Bitcoin ATM Market Shift: Poland Overtakes El Salvador to Become the Fifth-Largest Provider Globally
Poland has made a significant leap in global cryptocurrency adoption, installing 10 new Bitcoin ATM machines on Jan. 27, 2025, bringing its total to 219 active machines. The latest additions mark an ongoing four-month-long installation streak that began in October 2024. During this period, Poland has added 24 cryptocurrency ATMs, as reported by Bitcoin ATM Radar. El Salvador Falls Behind Amidst Stagnant Growth El Salvador, which made headlines in 2021 by adopting Bitcoin as legal tender, was previously the third-largest Bitcoin ATM hub in October 2022, with 215 machines. However, the country has not expanded its ATM network since then, allowing other nations like Poland to surpass it in crypto ATM installations. Also read: Nasdaq Files Rule Change for BlackRock’s Spot Bitcoin ETF to Enable In-Kind Redemptions In January 2025 alone, Poland installed 12 ATMs, and the growth is expected to continue in the coming months. This upward trajectory shows Poland’s proactive stance on increasing cryptocurrency accessibility, even as some regulators raise concerns about potential misuse of crypto ATMs for illicit activities. Global Bitcoin ATM Landscape Globally, there are approximately 38,100 active crypto ATMs across 65 countries, operated by 356 companies. While the United States and Canada dominate the space with thousands of active machines, Australia has shown consistent growth, joining the 1,000+ Bitcoin ATM club in April 2024. Also read: Trump Forcing Everyone to “Up Their Game”: Coinbase CEO Brian Armstrong Crypto ATMs play a crucial role in exposing citizens to cryptocurrencies, particularly in serving the unbanked population. Despite concerns about money laundering and terrorism financing, these machines remain an essential piece of the cryptocurrency infrastructure.