Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
GESPA Files Complaint Against FIFA’s NFT Platform, Alleging Unlicensed Gambling Activities

GESPA Files Complaint Against FIFA’s NFT Platform, Alleging Unlicensed Gambling Activities

CointribuneCointribune2025/10/19 11:45
By:Cointribune
Summarize this article with:
ChatGPT Perplexity Grok

Switzerland’s gambling watchdog has filed a formal complaint against FIFA’s NFT platform, accusing it of operating as an unlicensed gambling service. The move signals growing regulatory pressure on digital collectibles and Web3 ventures as authorities grapple with how blockchain-based reward systems fit within traditional gambling laws.

GESPA Files Complaint Against FIFA’s NFT Platform, Alleging Unlicensed Gambling Activities image 0 GESPA Files Complaint Against FIFA’s NFT Platform, Alleging Unlicensed Gambling Activities image 1

In brief

  • GESPA claims FIFA Collect’s competitions involve chance-based rewards, classifying them as gambling under Swiss law.
  • The regulator argues users pay to enter events with random draws, resembling lotteries and sports betting systems.
  • FIFA Collect’s “Right to Buy” NFTs, sold for $999, allegedly include elements of chance and monetary gain.
  • The investigation follows FIFA’s migration of its NFT platform to Avalanche, adding new lottery-like mechanics.

GESPA Claims FIFA Collect NFTs Cross the Line Into Gambling Territory

Switzerland’s federal gambling regulator, GESPA, has filed a complaint against FIFA’s non-fungible token (NFT) platform, FIFA Collect, alleging that it operates as an unlicensed gambling service.

GESPA stated that certain competitions and reward programs on the platform involve elements of chance, which, under Swiss law, classify them as gambling. According to the regulator, users can participate in these events only by paying a monetary stake, with prizes determined by random draws or similar methods .

Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. Whether participants win a prize depends on random draws or similar procedures.

GESPA

The regulator said these activities resemble lotteries and sports betting—categories that, in Switzerland, are restricted to licensed operators Sporttip and Jouez Sport .

Collect’s Migration to Avalanche Spurs Regulatory Heat 

GESPA began investigating FIFA Collect in October over its “Right to Buy” NFTs, which grant holders the ability to purchase World Cup tickets at face value. These NFTs—tied to major teams such as Argentina, Spain, France, England, and Brazil—sold for $999 each and have all sold out, according to FIFA Collect data.

The platform, originally launched in 2022 on the Algorand blockchain, has since announced plans to migrate to its own blockchain built as a subnet on Avalanche. This shift reportedly boosted activity on the platform and introduced new distribution methods resembling lottery mechanics, drawing regulatory scrutiny.

GESPA’s complaint marks the latest clash between digital collectibles and traditional gambling laws. The regulator noted that it has referred the matter to law enforcement, which will determine whether FIFA’s NFT operations violate Swiss regulations.

While GESPA has not taken an official stance beyond filing the complaint, it has offered to assist in any future investigation. Observers suggest that FIFA may seek to modify its NFT distribution model or reach an agreement with regulators to avoid further legal action.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Solana News Update: Security Breaches and Structural Challenges Cast a Shadow Over Solana's Staking Growth

- Solana (SOL) broke below its November trendline, forming a bear flag pattern suggesting potential price decline toward $100. - Network activity weakened with 20% TVL drop, 16% lower fees, and 6% fewer active addresses, while ETFs saw $8.2M outflow amid security concerns. - The Upbit hack ($36M stolen) triggered liquidity restrictions, causing a 4.9% price drop to $153 despite $336M institutional inflows. - Staking demand (67% supply locked) drives yield-focused capital flows, but stagnant derivatives and

Bitget-RWA2025/11/29 03:28
Solana News Update: Security Breaches and Structural Challenges Cast a Shadow Over Solana's Staking Growth

Stablecoin infrastructure accelerates the integration of conventional and digital financial systems

- A 225M USDT transfer to OKX by a crypto "whale" triggered speculation about market liquidity shifts and regulatory scrutiny. - USDT0's $50B+ cross-chain liquidity protocol reduced stablecoin fragmentation, enabling faster institutional settlements than traditional bridges. - Bitget Wallet's bank integration in Nigeria/Mexico expanded crypto's utility by enabling instant fiat conversions for 80+ banks. - Infrastructure advances like Crossmint-Wirex partnerships enhanced stablecoin security through non-cus

Bitget-RWA2025/11/29 03:28
Stablecoin infrastructure accelerates the integration of conventional and digital financial systems

Astar (ASTR) Price Rally: Rising Interest in Blockchain Infrastructure and Cross-Chain Operations

- Astar (ASTR) surges in 2025 due to institutional adoption, technical upgrades, and cross-chain interoperability. - Its 2.0 upgrade enables 150,000 TPS, scalable to 300,000 via JAM protocol, while dynamic tokenomics balances inflation with burning. - Partnerships with Sony , Toyota , and Japan Airlines drive real-world blockchain applications like tokenized loyalty programs. - Astar maintains $2.38M TVL amid DeFi contraction, leveraging cross-chain infrastructure and enterprise-grade reliability. - Future

Bitget-RWA2025/11/29 03:10
Astar (ASTR) Price Rally: Rising Interest in Blockchain Infrastructure and Cross-Chain Operations

Astar 2.0’s New Direction: Driving DeFi Innovation and Attracting Institutional Participation

- Astar 2.0 introduces fixed-supply tokenomics, interoperability upgrades, and decentralized governance to attract institutional investors and redefine DeFi. - Tokenomics 3.0 caps ASTR supply at 10.5B, reducing inflation risks and aligning with Bitcoin’s scarcity model to boost institutional confidence. - Plaza and Startale App enhance cross-chain asset flows and user accessibility, addressing scalability and onboarding barriers for institutions. - Governance reforms shift to community-driven councils by 2

Bitget-RWA2025/11/29 03:10
Astar 2.0’s New Direction: Driving DeFi Innovation and Attracting Institutional Participation