📣 Creators, Exciting News!
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1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
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FIFA's blockchain ticketing system for the 2026 World Cup is under preliminary investigation.
According to Foresight News and Bloomberg, the Swiss gaming regulator Gespa has launched a preliminary investigation into the blockchain token sales supported by FIFA, which fans can use to exchange for tickets to the 2026 World Cup matches. Gespa is also responsible for regulating lotteries and sports betting and is currently investigating whether FIFA is selling tickets for sporting events or providing gambling-like services. Manuel Richard, the head of Gespa, told Bloomberg that the regulator needs to determine whether this global football governing body is complying with local regulations. Gespa can require Swiss companies that violate its rules to cease inappropriate behavior. If a company solely conducts business online or is located abroad, Gespa can request Swiss internet service providers to block access to the company's website. FIFA, headquartered in Zurich, operates its FIFA Collect platform in collaboration with the blockchain software developer Modex Tech Ltd., which has offices in Switzerland, Gibraltar, and Italy. According to an informed source, Modex has not yet received any communication from Gespa. A spokesperson for Modex did not respond to a request for comment.