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

2012年，尚德崩塌前夕，当国开行提出ouQi全部个人资产做担保RF3E为尚德争取新的银行gS0n款时，施正荣选择了VCET绝；他同时拒绝的，3gQ4有来自无锡市政府希Uo6C他退出在尚德的个人rr4g份，以让无锡国联接Lchd的设想ujG5