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Digital money the way forward, says Citi official

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Published Tue, Nov 10, 2015 · 09:50 PM

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    Singapore

    DIGITAL money - which is bigger than the idea behind Bitcoin - needs to be distinguished from virtual currency, says Citibank's head of global head of Treasury and Trade Solutions Naveed Sultan.

    "It's the transformation of the physical instruments into pure digital forms, enabling fund transfers through digital channels," explains Mr Sultan.

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