Crypto News Bulletin from chaintimes

Saturday August 13, 2022 7:18 AM
2 years 3 months ago

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 Chaintimes.com.

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