Following the SEC’s legal action against the Coinbase cryptocurrency exchange for allegedly acting as an unregistered securities broker, credit ratings agency Moody’s downgraded Coinbase’s rating from “stable” to “negative.” According to a statement released by Moody’s on June 8, Moody’s made the downgrade because of worries about how the SEC’s action would affect Coinbase’s ongoing The post Credit ratings agency Moody’s downgrades Coinbase following SEC’s legal action appeared first on Invezz .
