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Chaintimes 2022-08-13 07:18:50

S&P Downgrades Coinbase to BB Rating Amid Poor H1

Following its most recent earnings report this year, S&P Global reduced major American cryptocurrency exchange Coinbase’s long-term issuers’ credit score from BB+ to BB status. In a report published on August 11, the rating agency announced the downgrading, citing Coinbase’s subpar performance in the H1 of 2022 as the primary cause. Additionally noted was the […]Read full post S&P Downgrades Coinbase to BB Rating Amid Poor H1 on

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