A recently released data finds that cryptocurrency ATMs are swarming in Belgium and the Netherlands, Bitcoin.com reported on, October 2.
With 12 machines supporting cryptocurrency transactions, Amsterdam outpace other major cities in the Benelux region. Meanwhile, Luxembourg – serving as a global center of traditional finance – is lagging behind in terms of available crypto teller services.
The European crypto community looks forward to seeing cohesiveness between the countries of Benelux in terms of cryptocurrency adoption. But according to the recently published data, the three states differ when it comes to the availability of teller services for digital cash.
In the last few years, several cryptocurrency teller machines have been installed in Dutch and Belgian cities, with Amsterdam leading the pack. A city known for its numerous scandals and probably for its bitcoin ATMs soon, Amsterdam currently has 12 operational BATMs; two of which support purchases and sales of cryptocurrencies such as bitcoin core (BTC), ethereum (ETH), and litecoin (LTC).
As of August this year, Antwerp, the second most crowded metro area in neighboring Belgium, is several paces behind amsterdam with 3 BATMs. Coming in at third, Brussels in Belgium and Dutch city Rotterdam both have 2 devices selling cryptocurrencies. Twelve other cities in the two countries reportedly have at least one Bitcoin ATM.
On the other hand, another study reported that 92 percent of Luxembourg’s residents stated that they did not own any digital assets. Only 6 percent said that they had bitcoin core (BTC) while 2 percent admitted they have bitcoin cash (BCH), ethereum (ETH), and/or ripple (XRP). This suggests a relatively limited spread and use of cryptocurrencies in Luxembourg, the data concluded.
Hooked on the latest blockchain news? Itching to get the newest deets on your favorite crypto? No problem! Here, check out our most current crypto news, fresh from the oven.