Home Coinbase Coinbase Junk Bonds Additional Downgraded by S&P on Weak Profitability, Regulatory Dangers – CoinDesk

Coinbase Junk Bonds Additional Downgraded by S&P on Weak Profitability, Regulatory Dangers – CoinDesk

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“We consider FTX’s chapter in November has severely hit the crypto business’s perceived credibility, inflicting a scarcity of retail engagement,” S&P wrote. “Consequently, buying and selling volumes throughout exchanges, together with Coinbase, have declined sharply.”

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