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TorumPay is a Malaysian digital asset platform and provisionally registered digital asset exchange (DAX) operator regulated by the Securities Commission Malaysia, enabling users to buy, sell, and convert cryptocurrencies using Ringgit. The service provides instant fiat-to-crypto and crypto-to-crypto trading with transparent pricing and supports easy transfers between cryptocurrencies and Ringgit, including QR code transfers via the app. A TorumPay card (virtual and physical) is planned to let users spend crypto-derived Ringgit at merchants worldwide, with KYC required to access trading and upcoming card features.
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