Sentences with phrase «insured by a central bank»
They are not insured by a central bank and are subject to little or no regulation.
https://www.app.com/ Not exact matches
One area that remains a major concern for the central bank is the growing share of uninsured mortgages, those with loan to value ratios at or below 80 per cent, which is being fuelled by higher Toronto and Vancouver home prices and tighter qualification rules for insured mortgages.
He said that the NDIC will not insure trading in any currency not issued by the CBN (Central Bank of Nigeria) and that a committee has been created to ensure that Nigerian citizens who do engage in cryptocurrency trading are not exposed to unnecessary risks.
A bitcoin is not covered by the CBN [Central Bank of Nigeria] rules and NDIC will not insure it.