-
Swiss regulator GESPA takes aim at FIFA’s NFT platform in formal complaint
Switzerland’s Gambling Supervisory Authority (GESPA), the country’s gambling regulator, has filed a complaint against FIFA’s non-fungible token (NFT) platform FIFA Collect, alleging that it is an unlicensed gambling provider. On Friday, GESPA announced the complaint, alleging the platform’s “competitions,” which feature user rewards like airdrop campaigns and challenges, constitute gambling under current Swiss regulations due to the element of chance in claiming rewards. GESPA wrote: “Participation in the competitions is only possible in exchange for a monetary stake, with monetary benefits to be won. ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
US Pres Trump: Meeting With China’s Xi In Two Weeks - Fox TRUMP: SUCH HIGH TARIFFS ON CHINESE GOODS NOT SUSTAINABLE US Pres Trump, Asked If High China Tariffs Will Stand: No - Fox
From decrypt.co | Oct 18, 2025
Sometimes it can be easier to say nothing at all. This week, stablecoin giant Tether announced a $250,000 donation to OpenSats to support Bitcoin developers—only for one of the world’s best-known programmers (and Bitcoin maximalists) to publicly chastise the size of the gift. Twitter co-founder and Square CEO Jack Dorsey lampooned the donation Thursday on ...
From channelnewsasia.com | Oct 16, 2025
Britain has proposed compensating victims of a massive scam in China that resulted in what is believed to be the world's largest cryptocurrency seizure, lawyers told AFP on Thursday (Oct 16). At a Wednesday hearing in London, authorities confirmed a "victim compensation scheme is under active consideration", said Jackson Ng, a lawyer at Duan & Duan, which ...
