Odaily Planet Daily Coin ATM Radar data shows that in the first four months of 2023, there will be a net decrease of 5,850 cryptocurrency ATMs worldwide. However, there was a net increase of 1,397 cryptocurrency ATM installations in May. While a Bitcoin ATM does not facilitate the development of the Bitcoin network, it acts as a physical gateway for people to exchange fiat currency for cryptocurrency. In 2023 alone, Australia will install 233 ATMs, making it the third largest encrypted ATM center in the world. As of press time, there are still 35,069 encrypted ATMs in operation around the world. (Cointelegraph)