The global number of cryptocurrency ATMs dropped by 27.7% in the first half of 2026, declining from 39,158 to 28,322 units, according to Bits.media. The United States experienced the most significant reduction, with its ATM count falling by 33.9% from 30,617 to 20,237 units, accounting for 96% of the global decline. Despite this, the U.S. remains the largest market for crypto ATMs, hosting 71.5% of the world's active devices. The decrease in crypto ATMs is attributed to operators scaling back infrastructure due to market volatility and stricter regulations, rather than a drop in demand. Notably, California regulators ordered Hermes Bitcoin to cease operations, and Bitcoin Depot, a major U.S. operator, filed for bankruptcy in May following a $3.6 million hack.