The Stellar Foundation announced on Jan. 4 that it had signed an agreement with the Ministry of Digital Transformation of Ukraine to establish a virtual assets ecosystem.

• The partnership will see the two bodies create a strategy for digital currencies in Ukraine, which will include the development of new financial infrastructure 
• A second major point of collaboration will examine the creation of a national digital currency, which countries like China and France, and banks like the ECB are already working on
• Additionally, the two parties will provide support to projects and discuss the implementation and regulation of stablecoins in Ukraine, something US authorities have just clarified
• This ecosystem can be a huge boost to Ukraine, which considers this the first step in creating a legal framework for digital assets
• Stellar’s XLM is one of the strongest performing tokens in 2020, up nearly 100% over the past week