US-based cryptocurrency change Coinbase has launched its annual transparency report, revealing that the corporate skilled a major surge in requests from legislation enforcement companies.
In a report launched on Monday, Coinbase stated it had obtained 12,716 requests from legislation enforcement globally from October 2024 to September 2025, marking a 19% enhance over the amount of requests reported in 2024.
Of those requests, the change stated that greater than half — 53% — got here from outdoors america, with 80% of all of them originating within the US, Germany, UK, France, Spain and Australia.
“As in years previous, the overwhelming majority of requests we obtained each globally and within the US have been from legislation enforcement companies in reference to prison enforcement issues,” stated the report.
Based on the crypto change, the requests from 2025 included “subpoenas, court docket orders, search warrants, and different formal authorized processes.”
Coinbase famous that customers could also be involved about their monetary information privateness, however the firm had “an obligation to answer these requests if they’re legitimate underneath legal guidelines relevant to us.”
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Coinbase reported receiving 5,444 requests from US-based legislation enforcement companies, persistently the very best amongst all of the reporting international locations since 2022. The corporate has developed nearer ties to the US authorities for the reason that inauguration of US President Donald Trump, with Coinbase CEO Brian Armstrong being a frequent customer to the Capitol constructing and a consultant attending a fundraising dinner on the White Home in October.
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Jerome Powell’s time period as chair of the US Federal Reserve is scheduled to finish in Might 2026. A number of names have been floated as attainable replacements, with prediction platforms resembling Polymarket favoring Kevin Hassett, Trump’s financial adviser and a former member of Coinbase’s advisory council.
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