PANews reported on December 1st that Coinbase released its 2025 Transparency Report, covering the period from October 1, 2024 to September 30, 2025. In 2025, Coinbase received enforcement requests from over 60 different countries, including subpoenas, court orders, search warrants, and other formal legal proceedings. During the 2025 reporting period, Coinbase received a total of 12,716 requests, an increase of approximately 19% from the previous report. While this represents an increase from 2024, the total number of requests has remained relatively stable over the past four years, ranging from 10,000 to 13,000 annually. Requests from outside the United States accounted for approximately 53%, an increase of approximately 2% from the previous report. Of all enforcement requests, approximately 80% originated from the United States, Germany, the United Kingdom, France, Spain, and Australia. The United States remained the country with the highest number of requests between 2022 and 2025. Coinbase emphasized that it is obligated to respond to requests that are valid under the laws applicable to the exchange.