FIFA Faces Swiss Gambling Complaint Over NFT Competitions on Avalanche

FIFAs venture into NFTs has come under scrutiny as Switzerlands gambling authority, Gespa, filed a criminal complaint alleging that the football organizations NFT-based competitions may constitute unregistered gambling. The complaint claims that FIFAs NFT challenges and drops, which require monetary participation and offer digital collectibles with potential monetary value, resemble lotteries or sports betting under Swiss law.

Source: tokenpost.com

Related symbols: NFTUSD

2025-10-18 01:17:03 GMT.