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Be more ambitious with the SDGs — for the world and business

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The pressure is mounting for a "new normal." That’s the brief summary from this year’s World Economic Forum (WEF) in Davos, which I attended last month with the United Nations Secretary-General, my team and many of U.N. Global Compact's business partners. World leaders increasingly understand the urgency of becoming more ambitious to deliver the world we all want. Among their chief concerns is climate change, which the 2020 WEF Risk Report presented as the mother of all risks. For the U.N. Global Compact, Davos presented a unique opportunity. It marked that 20 years ago, the late U.N. Secretary-General Kofi Annan initiated a global compact of shared values and principles between the United Nations and business to give the global market a human face. It also marked the launch into the U.N. Decade of Action to deliver on the Sustainable Development Goals (SDGs). Walk or talk? The Decade of Action marks a shift. The planetary window for "business as usual" ...

Sports betting via cryptocurrencies is gaining a strong foothold worldwide

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By Moris Beracha . - In the world, millions of people are participating in sports betting, either as a hobby or as a way to get easy money. Given the rise of cryptocurrencies and electronic money, some bookmakers have decided to take the technology path and open transactions that allow holders to use tokens from their personal wallets to try their luck. Within sports betting, many businesses appear and disappear almost instantly; also, some providers do not care much about delivering a good experience to their customers and many sportsbooks make deposits easy for customers but no withdrawals. In this regard, it should be noted that there are a large number of platforms for sports betting and it is not an easy task to decide which one to participate in. Being able to invest a Bitcoin or any cryptocurrency requires to take into account different factors, such as the opinions of existing users, the levels of quotas and promotions, withdrawal limits ...

Cryptocurrencies not outside the law

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By Moris Beracha The different cryptocurrencies that are currently exchanged in the market do not move outside the multiple businesses that are striving to massively boost token as a payment option. According to Rubén Guía Chirino, attorney and advisor for Dash Venezuela, 99% of cryptocurrency transactions are involved in legal activities; therefore, those who associate the use of digital currencies with illegal activities only have a bias towards the new technology. Guía Chirinos said many countries in the world are lobbying to establish a cryptocurrency regulatory framework. He acknowledges it is a matter of time for lawmakers to agree on developing rules on crypto exchange. He also suggests possible legal scenarios for possible applicability of these rules. For example, cryptocurrency mining activities can be taxed by the treasury or they can be regarded as swaps. The international cryptography regulation context is advancing rapidly, since digi...