Terms and Conditions

Doc. Revision: 1.0.0 | Date: 26th January 2026

Terms and Conditions for JMYR

These Terms and Conditions ("Terms") govern your access to and use of JMYR, the JMYR website (https://jmyr.com.my), related portals, and any purchasing, holding, transfer, or redemption of JMYR tokens. These Terms are legally binding between you and JMYR Sdn. Bhd. (Company No.: 202501052256(1653663-P)) (the "Issuer", "we", "our", or "us").

By accessing the Website, creating an account, purchasing, holding, transferring, or redeeming JMYR, you acknowledge that you have read, understood, and agreed to be bound by these Terms.

Part A: General Terms and Conditions

1. Definitions

In these Terms, unless the context otherwise requires:

• "JMYR" means the MYR-referenced tokenised settlement instrument issued by the Issuer.
• "MYR" means Malaysian Ringgit.
• "Supported Blockchain" means the Zetrix blockchain only.
• "Website" means https://jmyr.com.my and any subdomains or portals operated by the Issuer.

2. Nature and Purpose of JMYR

• JMYR is a tokenised settlement instrument that is intended to reference the value of MYR on a one-to-one basis.
• JMYR is designed to function as a payment and settlement instrument and not as a financial product, security, or investment instrument.

3. Regulatory Posture and Role Delineation

• The Issuer operates within Malaysian laws and regulatory frameworks.
• Where any activity constitutes a regulated activity, such activity is performed by appropriately licensed or regulated parties.
• No representation is made that JMYR or the Issuer is licensed, approved, or endorsed by any authority unless expressly stated.

4. Issuance, Reserves, and Legal Nature

• JMYR is intended to be backed by MYR-denominated assets held by the Issuer.
• Reserves are maintained and managed by the Issuer and may be held in one or more accounts with financial institutions or in other MYR-denominated instruments.
• JMYR holders do not have any ownership, trust, custodial, or proprietary interest in the reserves.
• Redemption rights are contractual in nature and arise solely under these Terms.

5. Blockchain Network

• JMYR is issued and operates exclusively on the Supported Blockchain.
• JMYR is not supported on any other blockchain and may not be bridged or wrapped without express authorisation from the Issuer.

6. Freezing, Blocking, and Risk Controls

• The Issuer reserves the right to freeze or block wallet addresses in compliance with applicable law, sanctions regimes, or risk management requirements.
• Such actions may be taken without prior notice where legally permitted.

7. Acceptable Use

You agree not to:

• use JMYR or the Website for unlawful purposes;
• circumvent compliance or monitoring mechanisms;
• misrepresent JMYR as government-backed, guaranteed, or risk-free; or
• engage in activities that undermine financial integrity or system stability.

8. Website Use and Accounts

• The Issuer may provide access to portals or accounts subject to additional procedures and verification.
• You are responsible for maintaining the confidentiality of your credentials.
• The Issuer may suspend or terminate Website access at its discretion.

9. Intellectual Property

All intellectual property rights in the Website, documentation, branding, and technical materials remain with the Issuer or its licensors.

10. Data Protection

• The Issuer processes personal data in accordance with applicable data protection laws, including the Personal Data Protection Act 2010.
• Details on data processing are set out in the Issuer's Privacy Policy, which forms part of these Terms.

11. Disclaimers

• JMYR and the Website are provided on an "as is" and "as available" basis.
• Forward-looking statements are indicative only and subject to change.

12. Limitation of Liability

To the maximum extent permitted by law, the Issuer shall not be liable for indirect, incidental, consequential, or special damages.

13. Insolvency and Creditor Status

• JMYR does not constitute a deposit or protected asset.
• In the event of the Issuer's insolvency, JMYR holders rank as unsecured creditors with contractual claims only, subject to applicable law.

14. Taxation

You are solely responsible for determining and complying with any tax obligations arising from your use of JMYR.

15. Amendments

The Issuer may amend these Terms from time to time. Continued use constitutes acceptance.

16. Governing Law and Jurisdiction

These Terms are governed by the laws of Malaysia, and you submit to the exclusive jurisdiction of the Malaysian courts.

17. Severability, Assignment, and Waiver

• If any provision is found invalid, remaining provisions continue in force.
• The Issuer may assign its rights and obligations. You may not assign without written consent.
• Failure to enforce any right does not constitute a waiver.

Part B: Purchasing and Redemption Terms

1. Eligibility and Compliance

• Only verified users may purchase or redeem JMYR.
• The Issuer performs KYC, AML, and sanctions screening in accordance with applicable laws.
• The Issuer reserves the right to reject or reverse transactions, restrict access, or report suspicious activities as required by law.

2. Purchase of JMYR

• JMYR may be issued upon receipt of cleared MYR through designated accounts.
• Issuance may be delayed or declined where requirements are not satisfied.

3. Redemption of JMYR

• JMYR is intended to be redeemable at par into MYR directly with the Issuer.
• The Issuer discloses an expected processing timeline of up to T+5 business days, which is indicative and not guaranteed.
• Redemption may be suspended, delayed, or refused due to legal, compliance, operational, banking, liquidity, or force majeure events.

4. Fees and Charges

The Issuer may impose fees or minimum thresholds, with notice where practicable.

5. Limits, Dormancy, and Administrative Actions

The Issuer may impose limits, handle dormant balances, or take administrative actions as permitted by law.

6. Risk Acknowledgement

You acknowledge operational, legal, technical, and redemption risks associated with JMYR.

7. Force Majeure

The Issuer is not liable for failure or delay caused by events beyond its reasonable control.

Contact Information

JMYR Sdn. Bhd.

Official website: https://jmyr.com.my

Email: help@jmyr.com.my

These Terms constitute the entire agreement between you and the Issuer regarding JMYR.