Economist Proposes Eight Urgent Measures to Stabilize the Currency in Venezuela #2Jun - El Impulso
8 Articles
8 Articles
Last Friday, the digital exchange market in Venezuela underwent a remarkable transformation. The “Al Cambio” application, a popular tool to track the value of currencies, stopped offering the calculation of the “parallel dollar”. From now on, the platform only reflects the average of the official exchange rate, established by the Central Bank [...] The Economist entry proposes eight urgent measures to stabilize the currency in Venezuela #2Jun wa…
DOBLE LLAVE – El Dorado’s cryptocurrency exchange platform stopped its operations in Venezuela over the weekend, announced on social networks one of the company’s founders, who denied that the company has promoted the “speculation” of the parallel dollar price in the country, a rate that is above the official currency quote. “I am addressing all of you to report that El Dorado will stop operating in Venezuela officially immediately,” said Guille…
The platform of exchange of cryptocurrencies El Dorado stopped this weekend its operations in Venezuela, announced on social networks one of the founders of the company, who denied that the company has promoted the “speculation” of the price ‘parallel’ of the dollar in the country, a rate that is above the official quote of the currency. “I am addressing all of you to communicate that El Dorado will stop operating in Venezuela officially immedia…
The cryptocurrency market in Venezuela faces one of its most tense moments after the announcement of the cessation of operations of the exchange peer-to-peer El Dorado P2P, one of the most active platforms for the exchange of stablecoins in the country. The decision takes place in a context of increasing restrictions by the Venezuelan government on information regarding the parallel exchange rate and speculation on the price of the dollar. In th…


Guillermo Goncalvez, co-founder and CEO of the exchange of cryptocurrencies El Dorado, announced this Saturday, May 31, through a video, the immediate cessation of the operations of the platform in Venezuela, which facilitated the exchange of stables for local currencies in the region. Goncalvez lamented any negative impact that the decision might have caused and denied that the company had any intention to encourage speculation around the paral…
One of the co-founders of the platform announced the measure on social networks, indicating that El Dorado never intended to “specify” the price of the parallel dollar in the country. The announcement is produced in the framework of new state measures against platforms that publish information about the listing of the US currency.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage