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It seems that fears that the Chinese ban on ICOs will completely kill the market have not yet materialized. UTRUST, a cryptocurrency payments platform focusing on consumer protection, today announced that its pre-ICO sold out in 90 minutes, raising over $1.5 million.
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The initial fundraising precedes the first round of the UTRUST public ICO that is due to commence on September 20th, with a higher cap set at US$4m.
Nuno Correia, CEO, said: “UTRUST aims to create an infrastructure that provides the benefits of fast, secure, convenient, and inexpensive cryptocurrency ... (read more)