Thesetokensdonotqualifyassecuritiesonlyiftheirsolepurposeistoconferdigitalaccessrightstoanapplicationorserviceandiftheutilitytokencanalreadybeusedinthiswayatthepointofissue.Ifautilitytokenfunctionssolelyorpartiallyasaninvestmentineconomicterms,FINMAwilltreatsuchtokensassecurities(i.e.inthesamewayasassettokens).

资深自媒体人“万能的大熊”今XuS6对蓝鲸表示，目前做区块链的媒P7HJ挺多，但主要还是侧重于商业化xxRR块即发币和圈人，真正的报道价rY6V还未体现，整体呈现出两极化4PtA