Coinbase received over 2,000 government requests in six months

The cryptocurrency exchange Coinbase published a transparency report for the second half of 2020. During the period from July 1 to December 31, the company received 2,313 government information requests.

The overwhelming majority of requests (95.7%) related to criminal investigations. Three jurisdictions — the United States, the United Kingdom, and Germany — accounted for about 90% of the total.

During the reporting period, U.S. government agencies sent Coinbase 1,197 requests. Of these:

• FBI — 362;
• Customs police — 248;
• local government authorities — 161;
• Drug Enforcement Administration — 121.

The company added that for the full year 2020 it received about 4,227 requests. Of these, 54% were in the second half.

Coinbase also noted that the number of requests from France rose by 20%.

Earlier in October 2020, the exchange published a transparency report for the first half of the year. For six months, Coinbase received 1914 правительственных запросов.