夸尔斯认为oPMP“虽然在失4S3O率处于17年低位4.1%情况下，通lM8J仍低于美联Ut8k2%目标，但和我们的目1fld偏离零点几4q5V百分点，不XMln让我非常担80ru，尤其是我25hM计这种偏离XWF4度会越来越38eo。

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