Coinbase Outlook 'Negative,' Credit Ratings Agency S&P Global Says - CoinDesk

The agency dropped the crypto exchange giant's rating to BB from BB+, citing "weak earnings" and increasing competition.

In an already difficult week, Coinbase suffered another knock as the credit ratings agency S&P Global said in a note Thursday that the outlook for the crypto exchange giant was "negative." S&… [+1441 chars]

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