Coinbase’s 2025 Transparency Report: A Record Surge in Global Government Data Requests

In its latest transparency report covering the period from October 2024 to September 2025, leading cryptocurrency exchange Coinbase disclosed a significant and concerning trend: a record-breaking 12,716 government and law enforcement data requests, marking a substantial 19% year-over-year increase. This surge underscores the intensifying global regulatory and investigative scrutiny facing the cryptocurrency industry. A pivotal shift revealed in the report is that for the first time, international requests now constitute the majority, accounting for 53% of all demands, signaling a move beyond U.S.-centric oversight to a truly global enforcement landscape. The United States remains the single largest requester, but the dramatic growth comes from abroad, with France exhibiting an astonishing 111% year-over-year increase in requests. The top six requesting jurisdictions are the U.S., followed by Germany, the United Kingdom, France, Spain, and Australia. This data paints a clear picture of worldwide authorities increasingly leveraging their power to gather information from crypto platforms, likely driven by concerns over illicit finance, tax compliance, and broader financial surveillance. For a professional in the digital asset space, this trend is a double-edged sword. On one hand, it reflects the maturation and integration of cryptocurrency into the global financial system, where it is now subject to the same levels of oversight as traditional finance. This legitimacy is a net positive for long-term adoption and institutional investment. On the other hand, the sheer volume and growth rate of requests highlight mounting pressure on exchanges like Coinbase to act as gatekeepers and compliance hubs, potentially straining resources and raising complex questions about user privacy, jurisdictional boundaries, and the decentralized ethos of crypto. The report serves as a critical barometer for the industry, indicating that regulatory engagement is not slowing down but accelerating, making robust compliance infrastructure and transparent practices more valuable than ever for any platform seeking to operate at scale.

Coinbase Faces Record 12,716 Government Data Requests in 2025 Amid Global Scrutiny

Coinbase's latest transparency report reveals a 19% annual surge in government and law enforcement requests, totaling 12,716 between October 2024 and September 2025. International demands now constitute 53% of all requests, with France leading the charge at a 111% year-over-year increase.

The U.S. remains the largest single requester, followed by Germany, the U.K., France, Spain, and Australia. These six jurisdictions account for 80% of global requests. Notably, South Korea's demands dropped 67%, while Moldova and Brazil emerged as new hotspots.

This surge coincides with Coinbase's expansion into 100+ countries and follows regulatory clashes in Europe and a high-profile cybersecurity breach. Chief Legal Officer Paul Grewal emphasized the growing tension between privacy obligations and compliance requirements for crypto platforms.

Concordium and Coinbase's x402 Partner for AI-Driven Identity Verification

Concordium, a privacy-focused Layer-1 blockchain, has teamed up with x402, a Coinbase payment protocol, to integrate built-in identity and age verification for AI-driven transactions. The collaboration leverages Concordium's native ID LAYER and x402's pay-to-access workflow, enabling AI agents to autonomously initiate and verify Stablecoin payments while maintaining compliance and privacy.

"One of the fastest-growing areas of the agentic economy is on-chain payments," said Concordium CEO Boris Bohrer-Bilowitzki. The partnership aims to streamline age-gated services—from travel bookings to online content access—by combining verification with seamless crypto transactions.

The MOVE signals broader adoption of blockchain in regulated sectors, with Concordium positioning itself as a bridge between decentralized finance and identity-sensitive industries.

Solana (SOL) Loses Momentum as GeeFi (GEE) Presale Gains Traction

Solana (SOL) shows signs of weakening momentum amid broader crypto market softness. Meanwhile, GeeFi (GEE) continues to attract strong presale demand, with rumors circulating about potential listings on major exchanges.

The project distinguishes itself through tangible utility rather than speculative hype. Its ecosystem includes a multichain decentralized exchange and a forthcoming VISA/Mastercard-compatible solution designed to bridge digital assets with everyday commerce.

This contrasts sharply with struggling meme coins like shiba inu (SHIB), which continues to decline despite notable developments such as Coinbase's planned perpetual futures listing.