Coinbase Tracks 6% Increase in Information Requests from Laws and Government Agencies

THE requests are increasing In number And future Since more jurisdictions each year.

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Cryptocurrency exchange Coinbase said he had checked in A 6% increase In requests Since law enforcement And government agencies compared with has 2022, with THE number of jurisdictions deliverance requests jump by 19, according to has THE Exchanges annual Transparency Report.

Four countries — THE United States, Germany, THE United Kingdom, And Spain — do up almost three quarters (73%) of THE 13,079 agency requests has Coinbase For information between T4 202

THE United States do 5,686 requests has Coinbase, up Since 5,304 last year, with 90.4% of those Since criminal enforcement agencies. That number dwarf Germany 1,906 requests, which class second. Germany negotiated places with THE UNITED KINGDOM. compared with has last year, with THE country seeing A little decline In requests on THE year, down has 1,401 requests. This always far exceeds fourth place Spain 732.

In the meantime, Australia sent 262% more requests has Coinbase compared with has THE previous year, placement he sixth place has 453. Ukraine requests more that triple, And Portugal more that double, but those countries always did not register In THE high 15.

Countries that sent Coinbase more information requests compared with has THE previous year. Source: Coinbase

THE report covered THE final quarter of 2022 And THE First of all three of 2023. THE requests Coinbase counted included subpoenas, court orders, research mandates And other official legal process. Coinbase provided "customer information, such as name, recent connection/disconnection IP address, And payment information" In answer has requests, but can push back has times:

"OUR obligation East has answer has these requests if they are valid below financial regulations And other in force laws. […] Below certain circ...