After the FTX fiasco, which had nothing to do with licensesIt had to do with the Company not having the funds/assets to cover withdrawals. New regulation will be coming fast and furious I'd assume . Having some licenses are the least of the crypto currency exchanges concerns at the moment and I'm guessing they will be made to go through a heavy vetting process for any future license they made be required to have. Revo can't help them in the current Political atmosphere if at all before.