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Coinbase initiated at junk levels by Moody's, citing 'uncertain regulatory environment and fierce competition' in crypto

MarketWatch2021-09-15

Moody's Investors Service initiated a debt-issuer rating of Coinbase Global Inc. at noninvestment grade, or junk, citing an "uncertain regulatory environment and fierce competition" as a key reason ...

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  • Portfolio50
    ·2021-09-15
    Oh well, short term headwinds. Will roll over the upcoming option at expiry then!
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