Crypto ATM Numbers Crash as US Loses Over 10,000 Machines

As of July 8th, 2026, there are only 27,945 crypto ATMs worldwide, down from 38,708 machines just 68 days ago on May 1st. The United States has been hit the hardest, with a loss of 10,763 machines since May 1st. This decline accelerated after state regulators started shutting kiosks down for good.

The bankruptcy of Bitcoin Depot, one of the largest crypto ATM operators in the country, on May 18th, contributed significantly to this drop. The company had around 9,700 machines and filed Chapter 11 due to stringent compliance obligations, outright state bans, and mounting litigation. Its remaining assets are being managed by Kroll.

Four states have banned crypto ATMs outright: Indiana, Tennessee, Minnesota, and Vermont. Other states have implemented rules such as transaction caps, mandatory fraud warnings, money transmitter licensing, and refund rules for victims who file a police report. California, Arizona, Georgia, Virginia, and Arkansas have added these regulations since 2025.

The physical on-ramp that crypto ATMs once provided is shrinking fast in states that have decided the machines create more harm than access. For traders and investors who rely on exchanges, brokerages, or peer-to-peer platforms, this shift changes little day to day. However, for those who used kiosks as a first entry point into bitcoin, options are narrowing to app-based exchanges and bank transfers, depending on the state you live in.