Bitcoin has joined another class of superiority after becoming sound money or store or store of value and digital gold. That is going to become a thing of elite and institutional leveled player. There will be huge market for retail investors and traders under alternative coins. This is what UTruts is going to tackle and conquer and all preparation is in this direction.
Most crypto enthusiasts had high hopes for this project and I think its worth it. Hopefully we see some concrete results of the development in the next few months.

Been following their telegram and news. I agree that the developers are actively fulfilling their roadmap though we have not heard about the approval of e-license that is announced that the result will be this last quarter of the year. Either way, I am looking forward to the release of the platform this first quarter of 2019.
I think with launching the platform according to roadmap a great milestone of development is achieved, and we can't blame them if they don't get the e-licence still in this year. I guess they did their best but now are dependent on others.
I guess each project has its own setbacks and UTRUST is not an exception but the most important thing is that the team always strive and work hard to have a successful project completion and that is what makes them gain more supporters than ever. Imho.
I wouldn't blame UTrust for the current situation. As you said, each project has its setbacks and in the case of UTrust I guess it's mostly caused by the overall situation that they crypto market is in now at the moment. They are very active and keep the community updated, so once the crypto market starts to recover, I am sure we will see growth for UTrust, too.