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Rich Turrin

Rich Turrin

Industry Leader in fintech and digital transformation

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    • Cashless – Chinas Digital Currency Revolution new
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CBDC

Digital Yuan Update: The Latest Developments You Need to Know!

December 10, 2022 by Rich Turrin

Talking digital yuan with “Global Business” host Robyn Dwyer on CGTN Europe. I am always honored when CGTN Europe calls for commentary on the digital yuan! Thank you to the entire CGTN Europe team Natalia Scott, Juliet Errington Mann and Jamie Owen! Today’s interview was an update on e-CNY that followed their FTX crypto coverage. …

Read moreDigital Yuan Update: The Latest Developments You Need to Know!

QR Codes: Past, Present, and Future

December 10, 2022 by Rich Turrin

My thoughts on QR Codes: Past Present and Future with the incomparable Theodora Lau! This was so much fun because I got to work with my friend Theodra Lau, author of “Beyond Good.” She gets that there is far more to QR codes than meets the eye! This podcast was brought to you by the …

Read moreQR Codes: Past, Present, and Future

ECB’s CBDC investigation breaks new ground

December 10, 2022 by Rich Turrin

The European Central Bank (ECB) is doing a great job building the digital euro!

Read moreECB’s CBDC investigation breaks new ground

World’s dumbest thieves try money laundering with digital yuan

December 7, 2022 by Rich Turrin

Turrin said there is no practical way for a criminal to effectively launder the digital yuan, as the authorities could track transaction history if they obtain a warrant.

Read moreWorld’s dumbest thieves try money laundering with digital yuan

How will the digital yuan shape China’s position in the world?

November 30, 2022 by Rich Turrin

It was fantastic talking with Edward Tse founder of Gao Feng Advisory Company to outline what our digital CBDC future has in store not just for China but for all of us. Ed is a globally acknowledged China expert and the “Father of Management Consulting in China” as the former head of China operations at …

Read moreHow will the digital yuan shape China’s position in the world?

Central Banks Join the Cryptocurrency Gold Rush

December 10, 2022 by Rich Turrin

National e-currencies aim to centralize money again Article: here “We have to be very careful in not ascribing superpowers to central bank digital currencies, when government has these powers over your existing bank accounts.” Rich Turrin, author and fintech consultant And it [the e-CNY] makes an interesting case study, says Rich Turrin, a Shanghai-based fintech …

Read moreCentral Banks Join the Cryptocurrency Gold Rush

Keynote: China’s Digital Yuan Topping the Charts

November 28, 2022 by Rich Turrin

My presentation to the “Open Banking World Congress” on the Digital Yuan app! Article on OpenFuture.World: here “Richard highlights four key features of the app:” Don’t miss out! Subscribe to the Cashless Newsletter: Here

Read moreKeynote: China’s Digital Yuan Topping the Charts

Kickoff Sessions Podcast on China’s Digital Yuan and Shanghai’s Lockdown

November 28, 2022 by Rich Turrin

A very special podcast that covers lockdown in Shanghai as well as the latest developments in CBDCs!

Read moreKickoff Sessions Podcast on China’s Digital Yuan and Shanghai’s Lockdown

CNBC SQUAWK BOX: China’s digital yuan could challenge the dollar in international trade this decade

April 16, 2022 by Rich Turrin

Very proud of my interview on CNBC’s Squawk Box which was used for an article as well.  Below are links to the article and some highlights: Key quotes: “What you’re going to see in the future is a rollback, a risk management exercise that seeks to slowly and maybe just slightly reduce the dependence on …

Read moreCNBC SQUAWK BOX: China’s digital yuan could challenge the dollar in international trade this decade

The Past, Present and Future of China’s Fintech, Podcast

April 30, 2022 by Rich Turrin

CBDC why should you care? Because it fundamentally changes the nature of money. And like it or not it uses cryptocurrency technology to achieve this. Thanks to Waheed Rahman of @EMPASCO the founder of the Innovation Civilization Podcast for this opportunity to chat about CBDC. Frankly this is my most in-depth interview in ages. Waheed …

Read moreThe Past, Present and Future of China’s Fintech, Podcast

“The West is 10 years behind,” China’s CBDC Dominance on the “Breaking Banks” Podcast

April 30, 2022 by Rich Turrin

“China’s CBDC Dominance” is the absolute best discussion I have ever had about CBDC, and I’ve had a lot of them! I am grateful to Brett King and JP Nicols of Breaking Banks Fintech Podcast for the opportunity to get the message on e-CNY out along with industry greats Henri Arslanian, David Birch, and Dr. …

Read more“The West is 10 years behind,” China’s CBDC Dominance on the “Breaking Banks” Podcast

Polish Edition of Cashless launches, and two interviews in Polish

April 30, 2022 by Rich Turrin

Am excited to announce the Polish edition of Cashless! I am very grateful to Albert Borowiecki 岳比邻 for single-handedly taking on the project of translating and publishing a Polish-language edition of Cashless! Nothing makes me more proud than to see Cashless go around the world and help people understand CBDCs! Thank you so much Albert!  …

Read morePolish Edition of Cashless launches, and two interviews in Polish

“E-CNY will challenge the US dollar’s domination of international trade in the next decade.”

April 16, 2022 by Rich Turrin

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 a very slow …

Read more“E-CNY will challenge the US dollar’s domination of international trade in the next decade.”

Podcast: “There is a crisis of imagination surrounding CBDCs! We will live in a world where machines pay.”

April 11, 2022 by Rich Turrin

“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 …

Read morePodcast: “There is a crisis of imagination surrounding CBDCs! We will live in a world where machines pay.”

“China’s digital yuan is serving up a CBDC ‘roadmap’ for the digital euro”

April 9, 2022 by Rich Turrin

“China’s digital yuan is serving up a CBDC roadmap,” but look to Japan as well for leadership! The 🔥MUST SEE🔥 panel discussion video and a separate 🔥MUST READ🔥 article will explain why China and Japan are roadmaps! First, let me thank Global Government Fintech and editor Ian Hall for a beautiful article that highlights my …

Read more“China’s digital yuan is serving up a CBDC ‘roadmap’ for the digital euro”

China’s Digital Yuan Today: Everything You Need to Know!

April 8, 2022 by Rich Turrin

This is a one-hour “truth bomb” on CBDC that will clarify many of your questions! Thank you to Tony Moroney, JB McCarthy and Paidi O’Reilly of the Digital Transformation Lab for the opportunity to talk about CBDC. Timestamp and a few poignant moments: If you watch nothing else….go immediately to 50:40 and listen to my …

Read moreChina’s Digital Yuan Today: Everything You Need to Know!

China’s e-CNY: “controllable currency” will reduce “currency controls”

April 8, 2022 by Rich Turrin

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 take advantage of rate …

Read moreChina’s e-CNY: “controllable currency” will reduce “currency controls”

Free eBook: “Open Finance: Global Progress” including “China’s Open Banking by Disruption”

April 8, 2022 by Rich Turrin

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 contributed my expertise on China to …

Read moreFree eBook: “Open Finance: Global Progress” including “China’s Open Banking by Disruption”

Financial Brand: Commentary on CBDC

April 5, 2022 by Rich Turrin

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 2021’s Cashless: China’s Digital Currency Revolution, has not been …

Read moreFinancial Brand: Commentary on CBDC

Business Standard interview on China’s digital yuan

April 5, 2022 by Rich Turrin

  Thank you to Vikram Gopal for this wonderful interview with India’s Business Standard! This is a beautifully produced video with a great transcript of the Q&A that can be found in the article below and  more conveniently below the video: Business Standard article with Q&A transcription The breaks in the video correspond to the …

Read moreBusiness Standard interview on China’s digital yuan

Digital Yuan e-CNY App Review!

February 27, 2022 by Rich Turrin

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 …

Read moreDigital Yuan e-CNY App Review!

Tech Buzz China Podcast on China’s Digital Yuan

February 27, 2022 by Rich Turrin

Talking China’s digital yuan with Rui Ma on Tech Buzz China! This Live Cast was a real blast because Rui is a China expert and her questions were spot on! If you don’t listen to Tech Buzz you should. Listen to Rui’s observation and question at 16:45 it’s just PERFECT! My answer also shows why …

Read moreTech Buzz China Podcast on China’s Digital Yuan

Interview: ‘A crisis of vision’: Richard Turrin takes aim at the Fed’s CBDC report

February 27, 2022 by Rich Turrin

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 takes aim at the Fed’s …

Read moreInterview: ‘A crisis of vision’: Richard Turrin takes aim at the Fed’s CBDC report

China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center

February 27, 2022 by Rich Turrin

Thank you to Timmy Shen from Forkast.news! China’s e-CNY pilot to boost Hong Kong as offshore yuan trading center “The link between the e-CNY and HK’s FPS system provides our first example of how the e-CNY can be used to link retail payment systems,” Richard Turrin, a Shanghai-based fintech consultant who recently published “Cashless: China’s …

Read moreChina’s e-CNY pilot to boost Hong Kong as offshore yuan trading center
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