According to Coin ATM Radar data, the number of crypto ATMs in Canada increased from 3,732 units at the beginning of 2026 to 3,904 units as of May 4, an increase of 176 units within the year, nearly a 5% growth, setting a new record. Data shows that Canada remains one of the countries with the highest deployment of crypto ATMs worldwide. Previously, the Canadian government proposed to ban crypto ATMs in the spring 2026 economic update, citing their use in scams and the transfer of criminal proceeds.

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