Kurant, Europe's leading Bitcoin ATM provider, has suspended operations in Germany pending licensing under new European Union (EU) regulations.
MAIN CONTENT
Kurant to shut down Bitcoin ATMs in Germany from July 1 pending MiCA licensing.
The MiCA licensing process requires major technical and legal changes to conform and improve user experience.
Europe has over 1,800 cryptocurrency ATMs and is growing steadily, but still lags behind the United States with over 30,000.
Why did Kurant temporarily suspend Bitcoin ATM service in Germany?
Kurant, the Austrian company that owns Europe’s largest cryptocurrency ATM network, has decided to suspend its operations in Germany due to lack of licensing under the EU’s new Markets in Crypto Assets (MiCA) law, a necessary step in the face of increasingly stringent cryptocurrency regulations.
The decision will see most Bitcoin ATMs in Germany shut down from July 1, 2025. However, Kurant said this is not a permanent shutdown but just a temporary shutdown to ensure compliance with the new standard.
“We have implemented the necessary measures to fully comply with the new standards.”
Stefan Grill, CEO Kurant, July 2025
Mr. Stefan Grill also commented that MiCA is an important step towards creating a more transparent and secure legal environment for the cryptocurrency market in Europe.
When will Kurant resume operations in Germany?
Kurant is currently processing its MiCA licensing application and has not yet announced an exact date for when services will be restored. The company is committed to keeping customers updated on the progress.
Any transactions initiated before July 1 will be completed normally, but new transactions will be paused until authorization is granted.
What improvements will Kurant bring after licensing?
After being granted MiCA license, Kurant plans to expand its product portfolio and enhance service features on its cryptocurrency ATMs to better serve customers in the near future.
Kurant currently operates more than 300 cryptocurrency ATMs in Europe, more than half of which are located in Germany, with more than 150 Bitcoin ATMs. The temporary shutdown in Germany has significantly affected this market.
“As the leading European operator, we will continue to serve our customers in Austria and Spain without interruption, and they will benefit from the upcoming improvements.”
Kurant Official Announcement, July 2025
How does the European cryptocurrency ATM market compare globally?
The United States currently leads the world with over 30,000 cryptocurrency ATMs, accounting for over 75% of the world’s total of over 38,000. Europe has seen steady growth over the past 10 years, peaking at nearly 1,800 cryptocurrency ATMs in early July 2025.
According to data from Coin ATM Radar, a new cryptocurrency ATM is launched across the European Union about every day, demonstrating the growing popularity and growth in the region.
What are the outstanding features of Bitcoin/Krypto ATMs compared to traditional bank ATMs?
Crypto ATMs allow users to not only buy but also sell Bitcoin, Ethereum, and several other major tokens. This is a simple, convenient way to access cryptocurrencies for both newbies and traders.
Comparing the Number of Cryptocurrency ATMs Between the US and Europe
Region Number of Cryptocurrency ATMs Global Share United States More than 30,000 About 75% Europe Nearly 1,800 About 5%
Frequently Asked Questions
Why did Kurant stop its Bitcoin ATMs in Germany? Kurant is temporarily suspending them pending licensing under the EU's new MiCA law, which requires stricter technical and legal standards. When will Kurant's Bitcoin ATMs resume operations in Germany? No specific date yet, Kurant will update when the MiCA licensing process is complete. What is MiCA and why is it important? MiCA is a new EU law that aims to regulate the professional cryptocurrency market, creating more transparency and safety for users and businesses. Will Kurant operate in other countries while it is temporarily suspended in Germany? It is still operating normally in Austria and Spain, which are not affected by this regulation. Can Europe grow its cryptocurrency ATM network as fast as the United States? Europe is growing steadily with a new opening rate of nearly 1 machine/day, but has not yet surpassed the United States in scale.
Source: https://tintucbitcoin.com/atm-bitcoin-hang-dau-ngung-dich-vu-duc/
Thank you for reading this article!
Please Like, Comment and Follow TinTucBitcoin to stay updated with the latest news about the cryptocurrency market and not miss any important information!
