On October 22, Coinbase filed multiple legal requests with the Federal Deposit Insurance Commission (FDIC) seeking internal documents. The first request involves documents detailing caps or limits on the number of digital assets allowed to be held, which the FDIC is said to have imposed on U.S. depository institutions. The request was filed under the Freedom of Information Act (FOIA), which requires U.S. enforcement agencies such as the FDIC to disclose inside information when requested by the public. The second request involves providing information about the types of FOIA requests that have been filed with the FDIC since early 2022. It is understood that recipients of FOIA requests can lawfully deny these requests for specific reasons, including the sensitive nature of a particular subject, or in the name of respect for individual privacy. Paul Grewal, Coinbase's chief legal officer, said in an X post: "We have filed two new FOIA requests to continue our efforts to understand how regulators are dealing with digital assets. In short, Coinbase will not relax as long as the government does not."