(a) A person may not engage in currency exchange or advertise, solicit, or hold the person out as providing currency exchange for which the person receives revenues equal or greater than five percent of total revenues unless the person
(1) holds a currency exchange license;
(2) holds a money transmission license; or
(3) is an authorized delegate of a person who holds a money transmission license.
(b) A currency exchange license is not transferable or assignable.