New Statista Study Reveals Belgium and Netherlands See Crypto ATM Growth Upward

A study conducted by Statista found that Europe is gradually seeing an increase in the number of crypto ATMs present. In particular, the European cities that are welcoming cryptocurrencies through different mediums to a whole new target market include Dutch and Belgian cities, as well as Amsterdam, which has since been the first mover in this action.

As per the report that has since been publicized, 12 crypto ATMs are currently in operations with over 2 of them supporting tokens such as Bitcoin [BTC], Ethereum [ETH] and Litecoin [LTC]. News related to this matter has also been reported by, who has since provided an in-depth breakdown of where the 12 ATMs are exactly situated.

Based on the claims made, Antwerp carries three ATMS, Brussels and Rotterdam both have two each, and the remaining is split between Belgium cities such as Sint-Truiden, Ghent and Hasselt and cities in Netherland such as Almere, Utrecht, Tiburg, and Bavel to name a fraction. Another interesting point that has been shared is that Statista’s report did not indicate anything regarding Luxembourg, forcing one to assume that a lack of interest in cryptocurrencies is present.

Other facts revealed by Statista include:

  • Investors are least likely to come from Benelux. The numbers showed that the former is much smaller compared to the average consumer in Europe
  • Dutch investors make up most of Europe when it comes to cryptocurrencies
  • Netherlands found 44,000 BTC have been traded in the first three quarters of 2017

As for the regulatory frameworks established in European countries, nothing has been confirmed. However, did note that Belgium has been active in warning its residents of the scams involving cryptocurrencies. Similarly, Dutch regulators have been vocal about crypto activities and how some might require licenses. For the time being, Dutch’s central bank does not see cryptocurrencies as an alternative to fiat currency.

What are your thoughts on these findings? Was there anything that surprised you that deserves a mention? Let us know in the comments below!

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