Coinbase stock will be ‘weighed down’ until US rules are clear: Citi By Cointelegraph

Crypto exchange Coinbase’s stock price will continue to be “weighed down” until regulators establish the legal “rules of the road” in the United States, according to investment analysts from Citi.

According to reports on May 1, the investment bank downgraded shares of the crypto exchange from “buy” to “neutral” and lowered its price target, citing “too many unknowns” as the company battles it out with regulators.