Study: Less Than 5% of South Africa-Based Crypto Asset Providers Generate Revenues Exceeding $8 Million  

Only five percent of surveyed South African crypto-asset financial service providers (FSPs) are generating revenue between $8 million and $10 million. The Financial Sector Conduct Authority study found that many of the crypto asset FSPs “earn their revenue from trading fees.

https://news.bitcoin.com/study-less-than-5-of-south-africa-based-crypto-asset-providers-generate-revenues-exceeding-8-million/