The largest cryptocurrency exchange in the United States is based on transparency, as evidenced by a recent report focusing on government agencies and their customer information requirements.
In this Coinbase transparency report, the company published the total number of applications received from government agencies and law enforcement in the period from 1 July 2020 to 31 December 2020.
As you can see in the chart above, the most active law enforcement agencies were in the US, where there were a total of up to 1,197 applications. Within the US, it was mainly the Federal Bureau of Investigation (FBI) and the Homeland Security Investigations (HSI) that submitted most of these requests.
Second place went to the UK with 597 requests and third place went to Germany with 260 requests. As a result, up to 90% of requests came from these three countries alone.
Regarding the largest increase in interest in customer information in a particular country, it is necessary to mention France where there was an increase of up to ~ 20% in these requests.
Coinbase recorded a total of ~ 4,227 requests last year, with 54% coming from the second half of the year.
