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Swiss Regulator Files Criminal Complaint Against FIFA Over World Cup NFT Platform

Swiss Regulator Files Criminal Complaint Against FIFA Over World Cup NFT Platform

Author:

Global Cryptocurrency

Published:

2025-10-17 14:14:03

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BTCCSquare news:

Switzerland's gambling watchdog, Gespa, has escalated its scrutiny of FIFA's blockchain-based ticketing system by filing a criminal complaint. The regulator alleges FIFA Collect's NFT offerings constitute unlicensed gambling under Swiss law.

The platform's tokenized World Cup tickets feature randomized drops and prediction-based rewards, which Gespa contends mirror lottery and sports betting mechanics. A controversial 'Right to Final' token—granting access only if a chosen team advances—has drawn particular regulatory ire.

This legal action follows Gespa's preliminary investigation launched earlier this month. Prosecutors must now determine whether FIFA's Web3 venture violates gambling statutes, marking a critical test for sports-related NFTs in regulated markets.

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