Coinbase report shows dramatic increase in law enforcement enquiries worldwide

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Coinbase report shows dramatic increase in law enforcement enquiries worldwide
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A sign of the times: Coinbase sees huge new interest from law enforcement.

Coinbase has seen information requests from law enforcement surge over the past year, the cryptocurrency exchange reported in its latest transparency report. The vast majority of the enquiries came from the United States and were tied to criminal investigations.

The 1,304 requests from Spain represent an increase o 940%. It was one of six countries that had more than doubled their enquiries in the last year. Twenty-one countries sent requests for the first time during the reporting period, including the Czech Republic, which sent 104 of them.According to the report, which was attributed to chief legal officer Paul Grewal, Coinbase may challenge or ask agencies to narrow their requests, as decided by their team of lawyers.

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