credit rating – DIGIT INFO

Central Banks Reduce US Dollar Swap Lines to Weekly Auctions Amid Moody’s US Banking Sector Downgrade

DIGIT — Tue, 25 Apr 2023 20:34:56 +0000

After the tumultuous downfall of three major banks, namely Silvergate Bank, Silicon Valley Bank, and Signature Bank, several central banks made a collaborative announcement of a swift, coordinated emergency response. The intervention aimed to furnish U.S. dollar liquidity, with the intention of alleviating the impact of such severe shocks on the flow of credit to […]

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S&P Global downgrades Coinbase credit rating for weak Q2 earnings, competitive pressures

DIGIT — Fri, 12 Aug 2022 11:43:32 +0000

Coinbase Global sees its credit rating downgraded by S&P Global amid regulatory pressures, weakened market performance and competitors.

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Moody’s downgrades Coinbase due to bear: Warns it may not be the last

DIGIT — Fri, 24 Jun 2022 02:07:42 +0000

Moody’s said further downgrades could follow if Coinbase doesn’t diversify from its current revenue model or it’s unable to turn a profit even in a prolonged bear market.

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El Salvador’s credit rating could take hit amid Bitcoin adoption warns S&P Global

DIGIT — Fri, 17 Sep 2021 09:05:05 +0000

S&P Global believes El Salvador’s recognition of Bitcoin as legal tender has brought “immediate negative implications” for its credit rating.

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New Weiss Ratings for Cryptocurrencies Award No “A”s and Score Bitcoin a C+

DIGIT — Wed, 24 Jan 2018 22:01:53 +0000

Financial ratings agency Weiss has just released its much-hyped cryptocurrency review. The eagerly-anticipated report rates 74 of the most popular cryptocurrencies on the market, scoring them from A to D. Such was the level of interest in the report, the company’s website was knocked offline as interest peaked on Wednesday morning. Weiss Ratings include some […]

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