Home Coinbase 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

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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.”

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