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Digital money the way forward, says Citi official

Mr Sultan says the trend towards digitisation is pervasive, and any company that wants to survive has to ride the digital trend.


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...

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