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Citi boss: world moving towards digital money at ‘unprecedented pace’

Bank's latest annual Digital Money Index shows a marked move towards a global digital economy

A demonstration of Japanese bank MUFJ's digital currency at the Ceatec Japan 2018 consumer electronics show in October
A demonstration of Japanese bank MUFJ's digital currency at the Ceatec Japan 2018 consumer electronics show in October Photo: Getty Images

The US has leapt up the digital money leader board, according to the latest numbers from Citi, the investment bank.

The US climbed from 10th to fourth in the latest Digital Money Index, the largest gain by any of the top 25 countries tracked.

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