Most of the requests for law enforcement in 2025 came from outside the US Coinstar

American cryptocurrency exchange Coinbase has released its annual transparency report, revealing that the company has experienced a significant increase in requests from law enforcement agencies.

In a report published on Monday, Coinbase he said from October 2024 to September 2025, it received 12,716 requests from law enforcement authorities worldwide, representing a 19% increase over the amount of requests reported in 2024.

Of those requests, the exchange said more than half — 53% — came from outside the United States, with 80% of them originating from the US, Germany, the UK, France, Spain and Australia.

“As in past years, the vast majority of requests we received both globally and in the US were from law enforcement agencies related to prosecution issues,” the report said.

Coinbase, Law, Police, Cryptocurrency Exchange — *Law enforcement requests received by Coinbase by country between October 2024 and September 2025. Source:* *Coinbase*

According to the crypto exchange, the 2025 requests included “subpoenas, court orders, search warrants and other formal legal processes”.

Coinbase noted that users may be concerned about the privacy of their financial information, but the company had “an obligation to respond to these requests if they are valid under the laws that apply to us.”

Related: Coinbase Reveals 9 Crypto Ideas It Wants to Fund in 2026

Coinbase reported receiving 5,444 requests from US-based law enforcement agencies, consistently the most among all reporting countries since 2022. The company has developed closer ties to the US government since the inauguration of US President Donald Trump, with Coinbase CEO Brian Armstrong a frequent visitor to the Capitol building and a representative attending a White House fundraising dinner in October.

An adviser linked to Coinbase is being considered for a top job at the Fed

Jerome Powell’s term as chairman of the US Federal Reserve is set to end in May 2026. Several names have been floated as possible replacements, with forecasting platforms like Polymarket favoring Kevin Hassett, Trump’s economic adviser and former member of Coinbase’s advisory board.