FIFA’s 2026 World Cup Blockchain Ticketing System Under Investigation
Switzerland Opens Investigation into FIFA’s Blockchain-Based Token Sales
Investigation into FIFA’s Blockchain Token Sales
Switzerland’s gambling regulator, Gespa, has initiated a preliminary investigation into the sale of blockchain-based tokens by FIFA. These tokens, backed by FIFA, are offered to fans and can be exchanged for tickets to the 2026 World Cup games. The probe aims to ascertain if the sales fall under gambling regulations or simply enhance the potential to obtain tickets for the sporting event.
Compliance with Local Regulations
Gespa, which also regulates lotteries and sports betting in Switzerland, is tasked with ensuring that FIFA’s token sales adhere to local laws. Manuel Richard, the director of Gespa, mentioned in a conversation with Emegypt that the regulator’s investigation will focus on whether FIFA’s activities align with the established legal framework.
Understanding the Nature of the Tokens
- Determine if blockchain tokens are a form of gambling.
- Examine the potential to win World Cup tickets through these tokens.
- Evaluate FIFA’s compliance with Swiss gambling laws.
The outcome of this investigation could have significant implications for how blockchain technology and sports-related offerings are managed in Switzerland. FIFA’s 2026 World Cup token initiative marks a groundbreaking intersection of sports and digital finance, necessitating careful scrutiny by regulatory bodies.
