Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks

HomeCrypto News

Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks

“We believe FTX’s bankruptcy in November has severely hit the crypto industry’s perceived credibility, causing a lack of retail engagement,” S&P wrote. “As a result, trading volumes across exchanges, including Coinbase, have declined sharply.” www.coindesk.com

“We believe FTX’s bankruptcy in November has severely hit the crypto industry’s perceived credibility, causing a lack of retail engagement,” S&P wrote. “As a result, trading volumes across exchanges, including Coinbase, have declined sharply.”

www.coindesk.com