Cryptocurrency prediction markets are wagering on Iran’s participation in the upcoming FIFA World Cup co-hosted by the U.S., even as the country’s sports minister said it is not possible given the current situation.
Polymarket odds that Iran is officially confirmed not to participate in the World Cup by the end of March rose to 37% from just 10% the day before.
The market will resolve to “Yes” through an official announcement by FIFA, the Iranian Football Federation, or another competent governing body stating that Iran will not participate in the World Cup for any reason, including disqualification, withdrawal, or suspension.
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Interestingly, Iranian Sports and Youth Minister Ahmad Donyamali told state television that “under no circumstances” will the country send its soccer team to participate, according to Reuters.
Donyamali said that the conditions for participation “no longer exist” due to what he described as “malicious actions” against Iran, including the assassination of former Supreme Leader Ali Khamenei and targeting of civilians.
In a statement, FIFA President Gianni Infantino revealed that he met with President Donald Trump to discuss the preparations for the event and that Trump assured him the Iranian team is “welcome to compete” in the tournament.
FIFA President Gianni Infantino:
“This evening, I met with the President of the 🇺🇸 United States, Donald J. Trump to discuss the status of preparations for the upcoming FIFA World Cup, and the growing excitement as we are set to kick off in just 93 days.
“We also spoke about…
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The World Cup will take place from June 11 to July 19 across cities in the U.S., Mexico and Canada. Iran is scheduled to play two Group stage games in Los Angeles and one in Seattle.
As of this writing, Iran’s matches remain listed on FIFA’s website, according to the schedule.
Photo courtesy: PJ McDonnell / Shutterstock.com
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