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Cryptocurrency News Articles

In a Bold Move, Coinbase Releases Over 10,000 Pages of Previously Hidden Government Documents

May 12, 2025 at 07:52 pm

In a bold move shaking the foundations of U.S. crypto oversight, Coinbase has publicly released over 10,000 pages of previously hidden government documents—a treasure trove of emails

In a Bold Move, Coinbase Releases Over 10,000 Pages of Previously Hidden Government Documents

Coinbase has boldly moved to shake up the foundations of U.S. crypto oversight by publicly releasing over 10,000 pages of previously hidden government documents.

This massive trove of emails, legal memos, and internal communications exposes years of regulatory ambiguity and backdoor maneuvering.

Coinbase, in partnership with its legal allies, obtained the documents via Freedom of Information Act (FOIA) requests, which were met with resistance and redactions from the agencies.

Key agencies like the SEC and FDIC are now being forced to open their internal workings to public scrutiny, thanks to Coinbase's persistence.

Coinbase's Chief Legal Officer, Paul Grewal, has stated that this initiative goes beyond mere compliance; it's about citizens' right to be informed.

"Government transparency shouldn't be a privilege," Grewal noted on X as Coinbase granted access to its FOIA Reading Room archive.

This move comes at a time when crypto regulation in the U.S. is stalled, with agencies being criticized for regulating through lawsuits instead of providing clear guidance.

Coinbase's release amplifies the criticism, highlighting how regulatory bodies have acted inconsistently, and sometimes secretively, in shaping crypto policy.

As FOIA requests were met with stonewalling, redactions, and denials, Coinbase took the battle to federal court by suing multiple agencies to release the documents.

This legal pressure ultimately forced the release of thousands of pages, which are now being made public.

"This fight for transparency is bigger than Coinbase. It's about the right to our information from our government," Grewal highlighted.

The document drop arrives as Congress, courts, and the public demand clear crypto rules instead of ad hoc enforcement.

Pro-crypto advocates maintain that regulators are shaping entire industries through quiet, unelected methods—a practice which Coinbase's actions are dragging into the light.

The question now is whether this will push the U.S. toward clearer, fairer crypto regulation.

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Other articles published on May 13, 2025