Swiss Regulator Files Complaint Against FIFA NFT Platform

[nihalsari]

Switzerland’s Gambling Supervisory Authority (GESPA) has filed a complaint against FIFA Collect, alleging the NFT platform operates as an unlicensed gambling provider. The regulator claims competitions offering rewards via airdrops and challenges involve monetary stakes and elements of chance, classifying them as lotteries or sports betting under Swiss law. Currently, only Sporttip and Jouez Sport are licensed for sports gambling nationwide. FIFA and Modex, the platform’s Web3 provider, had not responded to requests for comment.

[kelson10]

Swiss authorities’ involvement signals growing oversight on NFT-based commercial projects.

[alex10]

Regulatory intervention may push platforms toward more compliant and transparent NFT frameworks.