Interview with GovInsider! Thanks to Jaz Low for this interview where we discuss the contribution China's digital yuan will make to financial inclusion! The digital currency is designed to replace physical cash and coins in circulation. “This makes it different from cryptocurrencies like bitcoin, …
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Podcast: “Be open minded, I get that people don’t all like CBDCs.”
1:05:34 "Be open minded, I get that people don't all like CBDCs. I get it from Bitcoin maximalists on one side and bankers on the other." A very special podcast that covers lockdown in Shanghai as well as the latest developments in CBDCs! A big thank you to Darren Lee for inviting me back to the …
“E-CNY will challenge the US dollar’s domination of international trade in the next decade.”
Great to be picked up in this article in the Epoch Times! One key point to make is that none of these changes are going to happen quickly. Noone, especially China with its huge US dollar reserves, desires sudden movements in the composition of currencies used in global trade. Instead, look for …
Podcast: “There is a crisis of imagination surrounding CBDCs! We will live in a world where machines pay.”
“There is a crisis of imagination surrounding CBDCs! We need to think that CBDCs can do so much more than buy a cup of coffee. We have 5G, IoT, and smart contracts. We are going to live in a world where “machines pay.” (26:50) Thank you to Radek Pyffel for this great interview to talk to people …
China’s e-CNY: “controllable currency” will reduce “currency controls”
Thank you to Timmy Shen from Forkast.news! What US Fed’s interest rate hike means for China and its CBDC Richard Turrin, a Shanghai-based fintech consultant, said that while the e-CNY is still only in use for domestic trials at present, he agrees that in the future any outflows that attempt to …
Free eBook: “Open Finance: Global Progress” including “China’s Open Banking by Disruption”
FREE MUST-READ EBook: “Open Finance: Global Progress” is a country by country run down of open banking and finance efforts across the globe! Guess who wrote the section on China?! (Page 28) Read free or download with your email here: Open Finance: Global Progress I am delighted to have …
Proud to be a Top 10 Twitter Influencer in Financial Services; also check out the wonderful compliment!
Posting on social media is at times a thankless job! Every once in a while I get a lovely compliment or win something that keeps me going! Here are two examples! First the NodeX Graph Gallery rated me a Top 10 on Twitter in the financial service sector! The graph represents a network of …
Innovation Lab Excellence and innovation in banks
Thanks to George Bailly from fintechOS for the great discussion of Innovation Lab Excellence! George and I talked about what it takes to be an innovator in the fintech space! Time stamp: 01:10 How is it that you wrote a book about Innovation Labs? I was an innovator and was just used to …
Financial Brand: Commentary on CBDC
Always love working with my friends at "The Financial Brand!" Here providing insight on CBDCs for two different articles Will 2022 Be the Year Crypto, Stablecoins and ‘CBDCs’ Take Off? Richard Turrin, an American financial consultant and author based in Shanghai, and the author of …
Digital Yuan e-CNY App Review!
China’s new digital yuan or e-CNY App by the #PBOC earns 5 stars out of five in my review. Hey the new digital yuan app is simply wonderful, and it's not just me saying it. The app scored a 4.4 out of 5 in China's Apple app store! The question that needs to be answered with the e-CNY app is: …
Interview: ‘A crisis of vision’: Richard Turrin takes aim at the Fed’s CBDC report
Thank you to Finextra and Paige McNamee for this great opportunity to talk about the Fed's digital dollar report. The Fed report I critique can be found here in PDF format: Money and Payments: The U.S. Dollar in the Age of Digital Transformation ‘A crisis of vision’: Richard Turrin …
The Caribbean “America’s Backyard” Will use the Digital Yuan
The Caribbean used to be called “America’s backyard” now it's China’s so don’t be surprised when they use the #digitalyuan! “The dollar is the largest currency used in trade there’s no question about it, but what we can question is whether the dollar is the easiest currency for developing …
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