FIFA's Blockchain Ticketing Under Investigation by Swiss Regulator
CryptocurrencyFIFAUpdated 2 days ago

FIFA's Blockchain Ticketing Under Investigation by Swiss Regulator

The Swiss gambling authority is investigating FIFA's blockchain ticketing plan for potential violations of gambling laws. This scrutiny raises concerns about the intersection of sports and technology, particularly regarding the compliance of innovative practices with legal standards. As FIFA navigates this investigation, the outcome could significantly impact the future of ticket sales and the use of NFTs in sports.

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Switzerland's gambling regulator is currently examining FIFA's 'Right to Buy' NFTs, although no allegations of wrongdoing have been made. This scrutiny highlights the growing intersection of sports and blockchain technology, raising questions about the future of ticketing in major events. As FIFA explores innovative ticketing solutions, the outcome of this review could set important precedents for the use of NFTs in sports.

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