Swiss Regulator Accuses FIFA’s NFT Platform of Illegal Gambling

Switzerland's gambling watchdog, Geldspielaufsicht (GESPA), has escalated its scrutiny of FIFA's World Cup-themed NFT platform by filing a criminal complaint. The regulator alleges that FIFA Collect, the football body's digital collectibles hub, operates as an unlicensed gambling service in violation of Swiss law.

Investigators identified three gambling elements in FIFA's 'Right to Buy' token mechanics. The platform's challenge-based NFT drops—like the $999 England Finals token—require monetary stakes while offering conditional rewards tied to tournament outcomes. This structure mirrors traditional wagering frameworks, according to regulatory findings.

The case spotlights growing regulatory friction at the intersection of sports, NFTs, and blockchain incentives. FIFA Collect's ticket-access rewards system now faces existential questions in Switzerland, potentially setting precedent for similar Web3 engagement models globally.