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Swiss regulator GESPA takes aim at FIFA’s NFT platform in formal complaint

Switzerland’s nationwide gambling authority said that user rewards on the platform feature the element of chance, categorizing them as gambling.

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💡 DMK Insight

Switzerland's decision to classify user rewards as gambling is a wake-up call for the crypto and gaming sectors. This move not only reflects a tightening regulatory environment but also raises questions about the sustainability of reward-based models that rely on chance. For investors, this could signal a shift in how platforms operate, potentially leading to increased compliance costs and a reevaluation of user engagement strategies. As the line between gaming and finance blurs, stakeholders must tread carefully or risk losing their footing in a rapidly evolving landscape.

📮 Takeaway

Investors should monitor regulatory changes closely, as they could reshape user engagement and platform viability.

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