Core Insights - Coinbase released its 2025 transparency report covering the period from October 1, 2024, to September 30, 2025 [1] Enforcement Requests - In 2025, Coinbase received enforcement requests from over 60 different countries, including subpoenas, court orders, search warrants, and other formal legal processes [1] - The total number of requests received during the reporting period was 12,716, representing an approximate 19% increase compared to the previous report [1] - Requests from outside the United States accounted for about 53% of the total, which is a 2% increase from the last report [1] - Approximately 80% of all enforcement requests originated from the United States, Germany, the United Kingdom, France, Spain, and Australia [1] - The United States remained the country with the highest total number of requests from 2022 to 2025 [1]