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CoinDesk

2023-01-11 23:26:11

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

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

The agency lowered Coinbase’s credit rating from BB to BB-, a further step away from investment grade.

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