The crypto-ready score index used a scale of 10 countries to add to a list. According to the results, the USA took the first spot by scoring a whopping 7.13.
After the USA, Cyprus and Singapore ranked second and third respectively. While each of these countries scored below 6.50. Even though, experts believe that the platform didn’t consider more factors that could measure the preparedness of these countries for digital assets.
For example, some opine that report should have added the country’s regulatory environment and tax laws.
While gathering data for its research, the report revealed 17,436 cryptocurrency ATMs in the USA. This number exceeded the ATMs in the second country Canada by 16,000. The team also came to know that more and more ATMs are being placed steadily in the United States.
They also discovered that Coin Cloud, an ATM company, is steadily increasing its installations all over the nation.
The researchers also based their score on the people that can use these ATMs. According to their findings, the US took the first position again as each ATM in the States serves 19,023 people, while Canada has one ATM for 26,265 people.
Japan was the least with its single ATM is for 126 million users. But amongst the 200 countries, 24 didn’t have cryptocurrency ATMs.
not sure about those numbers.... for usa with 17436 atms would mean 1 per 19000, and canada with 16000 atms would be 1 per 2375 people....canada is 8 times better. US also has less access since ATMs require full identity auth with scanning licenses even for a dollar.... i also don't know is is even a releveant measure...ATMs have too high fees and not practical...crypto is for the internet age