Sure, I was referring to the terms & conditions and compliance document you had prepared when you started your services. Not regarding the certification you got few months ago - i have received a newsletter from you about this certification. i know you guys took compliance seriously just after you started. i also remember when you were accepting documents to your email and then you put together the web page for it - all good, just the learning curve.

What I am trying to say here is, our compliance was never been lesser than what it should have been. So i was replying to comment by ctptosec.

Are you ctptosec as well or is he your employee ?
Are you fine with re-opening your business if i can help you get a new banking relationship?

Hi all, Kamesh here, CEO of BTCXIndia.

I hear lots of upset voices, but trust me, no one is more upset then we are. Our staff are losing their jobs, and we are losing what we spent lots of money and effort building during the last 18 months. We have the most to lose by closing down, so I can assure you we have explored all options.

We will not comment in more detail on this until we have unwound operations, instead we are focusing on paying out remaining balances to customers and ensuring they can liquidate their positions.

I've personally been involved in the Indian bitcoin space since 2013, and want nothing more than for it to thrive. If Unocoin and CoinSecure can continue operations that's great, and I wish you both the best of luck. And rest assure BTCXIndia will be back competing with you soon again!