Exchange El Dorado P2P ceases its operations in Venezuela


  • Guillermo Goncalvez, CEO of El Dorado, denied that they would like to “promote speculation about the dollar.”

  • Venezuelan authorities have arrested people for “artificially inflate” the dollar.

Guillermo Goncalvez, co -founder and CEO of Exchange P2P El Dorado, announced the suspension of operations in Venezuela through a video broadcast on Saturday.

“El Dorado will stop operating in Venezuela immediately,” he said, while expressed its regret for any negative impact generated by the platform.

“First of all, I am widely regretted, since in any way our shares have been aimed at promoting speculation about the parallel dollar in Venezuela,” said Goncalvez, who He also apologized and assumed responsibility for any damage caused.

The businessman stressed that The only official rate of the dollar in the country is established by the Central Bank of Venezuela.

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