The Fédération Internationale de Basketball, commonly known as FIBA, is the international governing body for the sport of basketball. Founded in 1932, FIBA oversees international competitions, including the FIBA Basketball World Cup and the Olympic Basketball Tournament. It works to promote the sport globally and ensure fair play among its member countries. FIBA is responsible for setting the official rules of basketball and organizing various tournaments for both men and women. With over 200 national basketball federations as members, FIBA plays a crucial role in developing the game at all levels, from grassroots to professional leagues around the world.