Here’s why Stellar (XLM) price trades 200% higher this week
January 7, 2021
Ukraine and Stellar Foundation agree a deal to work together to create a Ukrainian digital currency
XLM price exploded more than 80% yesterday on news from Ukraine to hit two and a half year highs
At one point, XLM traded around 220% higher on the week before a modest pullback took place
Stellar (XLM) price exploded over 80% yesterday to bring total weekly gains to about 200% after being selected by Ukraine to work on the central bank digital currency.
Fundamental analysis: Major cooperation agreed
The Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation signed a deal to work together on developing the virtual assets ecosystem and create a Ukrainian digital currency.
Friday, 26 March 2021, 13:24
Ministry of Digital Transformation to launch several national projects in 2021
24.12.2020 10:56
Ukrinform
The Ministry of Digital Transformation of Ukraine plans to launch several national digital transformation projects next year. This is a certain systematization of our projects which will be described in a language everyone understands. Each project will have timeline and deadline. You will be able to monitor the effectiveness, help us implement these projects, Vice Prime Minister - Minister of Digital Transformation of Ukraine Mykhailo Fedorov announced during online presentation 100 victories of the Ministry of Digital Transformation in 2020 on December 23.
The presentation of national projects is scheduled for January 26. On the same day, the Ministry of Digital Transformation will present its own methodology for managing state projects. According to Fedorov, the Ministry has an understanding of what digital transformation projects can be
Digital transformation, innovation, economic diversification, an enabling environment and entrepreneurship are words and phrases we have heard in the Caribbean for many years, yet we have not heard of the strategic tools that will help us create, manage and build these frameworks and systems.
It is no secret that many Caribbean countries have been slow to adopt technology and harness innovation, which has consequently led to low levels of digitisation throughout regional countries and relatively low scores on the Global Innovation Index.
Covid-19 has caused a rapid adoption of technology with a significant rise in telecommuting, Zoom meetings and online learning. In its 2021 budget, the Government of Trinidad and Tobago created a Ministry of Digital Transformation with generous tax incentives to encourage the private sector to digitise and to invest in tech start-ups. Around the same time this budget was announced, I provided editorial assistance to the Youth Covid-19 Response Init
To print this article, all you need is to be registered or login on Mondaq.com.
December 2020 – On 2 December 2020,
Ukraine s parliament adopted in the first reading the Bill on
Virtual Assets No. 3637, which is available in Ukrainian
here). The proposed legislation is the latest in a series of
attempts by lawmakers to regulate virtual currencies or, more
broadly, virtual assets in Ukraine. However, in the current
proposal the parliament has approached the matter in a more
consistent manner first, by rolling out a new anti-money
laundering law, and then following that up with creating the
appropriate regulatory framework. The next and final step is
Ukrainian parliament adopts bill on virtual assets in the first reading
Ukraine
December 16 2020
On 2 December 2020, Ukraine’s parliament adopted in the first reading the Bill on Virtual Assets No. 3637, which is available in Ukrainian here. The proposed legislation is the latest in a series of attempts by lawmakers to regulate virtual currencies or, more broadly, virtual assets in Ukraine. However, in the current proposal the parliament has approached the matter in a more consistent manner first, by rolling out a new anti-money laundering law, and then following that up with creating the appropriate regulatory framework. The next and final step is expected to be the introduction of a tailored tax regime, as currently transactions with virtual assets remain subject to the generally applicable tax rules.