SEA Digest: Vauld files for moratorium; OJK bans certain financial products

SEA Digest: Vauld files for moratorium; OJK bans certain financial products

Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

Singapore-based crypto lending and trading platform Vauld has filed an application for a moratorium in local courts while Indonesia’s OJK has banned trading firms from issuing certain financial products.