FIFA faces Swiss probe over blockchain ticket tokens
Switzerland’s gambling authority Gespa has opened a preliminary investigation into FIFA’s sale of blockchain-based tokens that grant fans the right to purchase tickets for matches at the 2026 World Cup.
Bloomberg reported on Monday that the regulator is determining whether FIFA’s “Right to Buy” tokens constitute a form of gambling under Swiss law. Gespa director Manuel Richard said the offering “may be relevant under gambling legislation” and that further fact-finding will decide whether regulatory action is warranted.
The tokens, developed with blockchain firm Modex Tech Ltd., allow holders to buy tickets for specific matches once sales open. Some are tied to national teams, such as the $999 “Right to Final: England” token, which guarantees access to the final only if the chosen team qualifies.
The structure has raised questions about speculative behavior, since most buyers will not receive tickets if their teams fail to advance. FIFA reportedly earned around $15 million from these sales, according to The Athletic.
The 2026 tournament — hosted across the U.S., Mexico, and Canada — is projected to generate $11 billion for FIFA.
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.
You may also like
ICP Value Jumps 30% Following Significant On-Chain Movements and Ecosystem Progress
- ICP's 30% price surge to $4.71 (Nov 2025) stems from tech upgrades, institutional adoption, and AI integration via Caffeine platform. - On-chain metrics show mixed momentum: 3.9% higher trading volume but 91% drop in token transfers during price dips, highlighting engagement volatility. - 2025 upgrades like Fission (subnet scalability) and Chain Fusion (cross-chain interoperability) boosted TVL to $237B, aligning with multichain trends. - Tokenomics balance 4-5% inflation with burning mechanisms, while M
BCH has surged by 35.79% since the beginning of the year, reflecting the overall positive sentiment in the market.
- Bitcoin Cash (BCH) fell 0.1% in 24 hours but rose 35.79% year-to-date, outperforming peers. - Sustained 7-day (7.55%) and 1-month (9.1%) gains highlight growing institutional and retail confidence. - Market adoption in DeFi and low-cost transactions, plus macroeconomic optimism, drive BCH's long-term appeal. - Analysts predict continued growth as BCH's ecosystem matures and on-chain activity rises.
Solana's Sharp Drop: Causes Behind the Fall and Future Prospects for Investors
- Solana's 30% price drop in late 2025 contrasts with strong on-chain metrics like 400ms finality and $35.9B DEX volume, but declining user engagement and rising NVT ratios signaled overvaluation. - Macroeconomic factors including high interest rates and institutional caution reduced speculative demand, with ETF inflows favoring staking products over direct price support. - Whale accumulation and RWA growth (up 350% YoY) suggest strategic buying during dips, though active address recovery and NVT normaliza
Trending news
MoreCrypto prices
More
