FIFA Faces Legal Challenges Over NFT Ticket Vouchers in Switzerland
CryptocurrencyFIFAUpdated a day ago

FIFA Faces Legal Challenges Over NFT Ticket Vouchers in Switzerland

FIFA is facing legal action in Switzerland as the gambling regulator, Gespa, has filed a complaint regarding NFT ticket vouchers linked to World Cup tickets. Gespa argues that these vouchers resemble gambling due to their random draw nature, raising questions about the legality of NFT sales in sports and potentially impacting FIFA's operations and future ticketing strategies.

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FIFA Faces Legal Action Over NFT Ticket Vouchers in Switzerland
NegativeCryptocurrency
FIFA is facing legal challenges in Switzerland as the gambling regulator, Gespa, has filed a criminal complaint regarding NFT ticket vouchers linked to World Cup tickets. Gespa argues that the sale of these vouchers, which involves random draws, resembles gambling and should be regulated under Swiss law. This situation raises significant questions about the legality of NFT sales in sports and could impact how future events manage ticketing.
Swiss regulator GESPA takes aim at FIFA’s NFT platform in formal complaint
NegativeCryptocurrency
Switzerland's gambling authority, GESPA, has filed a formal complaint against FIFA's NFT platform, claiming that the user rewards involve an element of chance, thus categorizing them as gambling. This is significant as it raises concerns about the legality and regulation of digital assets in the gaming industry, potentially impacting FIFA's operations and the broader NFT market.

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