Coinbase's latest transparency report reveals the changes in the number of requests from global law enforcement agencies over the past year 📊. Although overall requests decreased by 18%, the United States remains the 'most eager' country, submitting the most requests for the third consecutive year 🇺🇸. Interestingly, requests from Germany, the UK, and Spain have significantly decreased, while requests from Singapore surged by 221%, showcasing its regulatory activity as a cryptocurrency hub 📈.
The report indicates that 81% of requests come from six major jurisdictions, primarily related to criminal enforcement. Coinbase emphasizes its rigorous review process to ensure compliance while protecting customer rights 🔒. While information will be provided based on valid requests, no government can directly access its systems. The future of Bitcoin remains hopeful, continuing to lead the trends in the cryptocurrency market 🚀.