The number of bitcoin ATMs in Russia for two months decreased by 32% with 75 to 51. This is evidenced by the results of the study of the Russian Association of cryptocurrency and blockchain (RAKIB) and the company “Nanobit”, says RBC.
Nine terminals located in Moscow, five in Omsk and Rostov-on-don, Voronezh and Krasnoyarsk — three.
47% of bitcoin ATMs owned RUSbit, 28% — Investcoin24 and 19% BTC-O-Matic. Average turnover of one terminal in 2018 is estimated at $27 000, the profit was about $1800, the annual turnover of cryptomate — $320 000.
As noted, all these machines passed the full registration process in accordance with the legislation of the Russian Federation.
In September 2018, the Central Bank of the Russian Federation confiscated 22 cryptomate company BBFpro, citing the need to establish monitoring of transfers and cash withdrawals.
In addition to the tough attitude of the regulator, the market growth crypto-ATM in Russia to limit the high cost of equipment, multiple cases of theft of terminals and the lack of legal regulation of the cryptocurrency market.
Recall that in late December, the Russian company “Nanobit” and an OWL.Russia has launched a service CryptoCoinMap with a map of the Moscow cryptomate.
Download the app ForkLog for Android smartphones!