US Crypto ATMs Drop 10,763 Machines in 68 Days as Bites Hit

That single bar tells a different story from the running total. A cumulative chart makes a decline look gradual even when it is not. The monthly figures show years of steady expansion giving way to a short, sharp collapse once bans and bankruptcy hit at nearly the same time. Operators who built their business around thin per-transaction fees had little room left once compliance costs rose in state after state.

State lawmakers built their case around fraud. The FBI reportedly logged thousands of complaints tied to crypto ATMs in 2025, with losses running into the hundreds of millions of dollars. Romance scams and investment fraud schemes often push victims, disproportionately seniors, toward a nearby kiosk because the transactions clear fast and cannot be reversed.

States that stopped short of a full ban have leaned on 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 all added rules along these lines 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, the shift changes little day to day. For the segment of the public that used kiosks as a first entry point into bitcoin, options are narrowing to app-based exchanges and bank transfers, depending on the state.

Investors watching Bitcoin Depot's bankruptcy case have another angle to track. The company's remaining machines, contracts, and retail partnerships are assets that could be sold off or absorbed by a competitor still operating in less restrictive states. Any sale would reset the ownership map for the machines that survive the current wave of removals.

Coinatmradar.com data indicates the U.S. accounted for the vast majority of global crypto ATM losses in the first half of 2026. The contraction has been concentrated in American state legislatures rather than a broader industry pullback overseas.

The remaining 27,945 machines are spread across states with lighter rules. New installations continue in some of them, though those additions are not close to offsetting the losses tied to bans and Bitcoin Depot's exit. Whether the other states follow Indiana, Tennessee, Minnesota, and Vermont depends largely on how fraud numbers trend through the rest of 2026 and on what happens to Bitcoin Depot's assets during its bankruptcy proceeding.

On March 29, 2026, the United States had 30,247 crypto ATM machines in operation. Today, that number stands at 20,005, according to coinatmradar.com's geo distribution data.