A major U.S.-regulated crypto platform just dropped its 2025 transparency numbers — and they're climbing fast. Between October 2024 and September 2025, the firm fielded 12,716 information requests from government and law enforcement agencies worldwide. That's a 19% jump compared to last year.

Here's where it gets interesting: over half of those requests — 53%, to be exact — originated outside the United States. That's the highest international share on record. While the U.S. still leads the pack as the top requestor, the global regulatory appetite for crypto data is clearly heating up.

What does this mean? More governments are watching. More jurisdictions are asking questions. And transparency reports like this one are becoming a key lens into how the regulatory landscape is shifting around digital assets.