Companies practice ICOs despite regulatory issues

ICO- Regulatory Issues

A study report by Weetracker revealed that more ICO activities have been taking place in South Africa, Kenya, and Zimbabwe. In spite of regulatory issues, the blockchain and crypto companies in Africa have been actively raising funds. The report acknowledged SureRemit raising $7 million, The Sun Exchange raising $5 million and Golix intending to launch $32 million ICO.

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