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Rich Turrin

Industry Leader in fintech and digital transformation

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China

The mBridge Saga: Saudi Arabia Enters, BIS Exits

February 23, 2025 by Rich Turrin

I don’t believe in coincidences: Saudi Arabia joins mBridge days after their US security pact lapses. Then, a bit over four months later, the BIS abandoned mBridge! Coincidences? I don’t think so! This is an interview I did with CGTN on June 14, 2024, in which we discussed Saudi Arabia joining mBridge. The timing of …

Read moreThe mBridge Saga: Saudi Arabia Enters, BIS Exits

How to Lend Money to Strangers: The Chinese Model

February 23, 2025 by Rich Turrin

Thank you to Brendan le Grange for having me on the “How to Lend Money to Strangers” Podcast. We had a great discussion that eventually hit upon how China is a decade ahead of the West in using data to provide credit underwriting. China invented this technology. Amazon Music: Here Apple Music: Here How to …

Read moreHow to Lend Money to Strangers: The Chinese Model

Geopolitics in Conflict: China’s Digital Yuan and Multipolarity

February 23, 2025 by Rich Turrin

Great to be with my old friend David Oualaalou and Elizabeth on the Geopolitics in Conflict podcast. This is a lively podcast and as always I get a ton of emails from listeners after the show!

Read moreGeopolitics in Conflict: China’s Digital Yuan and Multipolarity

Going Cashless With CBDC: Do Not Pine or Weep for Cash

February 23, 2025 by Rich Turrin

It’s always a pleasure to talk with my dear friend Paolo Sironi! In this episode of Paolo’s Bankers’ Bookshelf, we discuss how CBDCs are poised to change our world. To keep it relevant for bankers, we examine the opportunities and threats CBDCs pose to banks and the profound societal changes they could bring. Now, to …

Read moreGoing Cashless With CBDC: Do Not Pine or Weep for Cash

MAJOR CONTRIBUTOR TO HBR’s “APAC’S AI EDGE”

February 23, 2025 by Rich Turrin

I am immensely proud to be a major contributor to this Harvard Business Review paper with no less than eleven quotes explaining why Asia will have an edge over the West in AI, even if the US has the smartest AI. APAC’s edge starts with the money and shows why DeepSeek should not have been …

Read moreMAJOR CONTRIBUTOR TO HBR’s “APAC’S AI EDGE”

My Article: The Petroyuan is Born

February 23, 2025 by Rich Turrin

Always delighted to get an article published. This one in Modern Diplomacy with a decidedly more geopolitical tone. My article in full: A The Central Bank Digital Currency (CBDC) revolution is beginning in earnest as Saudi Arabia becomes a full member of the mBridge project. Saudi Arabia joining the platform will give it access to …

Read moreMy Article: The Petroyuan is Born

The Man Writing the Future of Money in a Cashless Era

April 8, 2024 by Rich Turrin

I don’t dwell on it much, but at 62, I’ve racked up quite a few careers, and this podcast with Naqsh Haque of Machinelab Ventures got me thinking of them. How many will you have with AI disrupting work? I’ve had at least five so far, and I bet many of you will have just …

Read moreThe Man Writing the Future of Money in a Cashless Era

MAIN STAGE AT ASIA’S PREMIER INVESTOR CONFERENCE!

April 8, 2024 by Rich Turrin

I was delighted to present on the main stage at the CITIC CLSA Investors forum! This is Hong Kong’s premier investor conference and getting the main stage on day 1 was a major thrill for me! Here are some photos from the event: Sadly I can’t post my video as the content is under license …

Read moreMAIN STAGE AT ASIA’S PREMIER INVESTOR CONFERENCE!

My Article: China’s Digital Yuan is Coming for the Petrodollar!

March 18, 2024 by Rich Turrin

This is a full article on the recent purchase of one million barrels of oil on the Shanghai Petroleum and Natural Gas Exchange using digital yuan! The digital yuan is coming after the petrodollar and with the recent entry of Saudi Arabia and the United Arab Emirates into BRICS, the likelihood of a petroyuan is …

Read moreMy Article: China’s Digital Yuan is Coming for the Petrodollar!

E-CNY Ready for Tourists! Good News for Tourists Feeling Left-Out

March 18, 2024 by Rich Turrin

Good news for tourists feeling left out of China’s cashless revolution. Many, not just Singaporeans, are now able to connect a credit card to the e-CNY app to make payments. This is a major benefit as many tourists have difficulties making payments with cash! More good news is that WeChat Pay and Alipay have both …

Read moreE-CNY Ready for Tourists! Good News for Tourists Feeling Left-Out

Digital yuan hype isn’t fading; the hard work has begun!

November 16, 2023 by Rich Turrin

Thank you to Timmy Shen for interviewing me for this “THE BLOCK” article on the digital yuan. The headline about “digital yuan hype fading” is partially true. The launch at the Olympics did garner a lot of attention, even with Covid, Now, the People’s Bank of China has settled into the hard work phase! It …

Read moreDigital yuan hype isn’t fading; the hard work has begun!

Summer 2023 Digital Yuan Latest Updates

November 16, 2023 by Rich Turrin

This is a great video with another digital yuan expert! Oriol and I talk about key technical features of the digital yuan including the most recent developments. I then close off with a big discussion on “fearmongering” arguments against CBDC. Time stamp: 00:00 Introduction.02:01 Since last time we spoke (December 2021), what are the major …

Read moreSummer 2023 Digital Yuan Latest Updates

Richard Turrin: The Man Writing the Future of Money in a Cashless Era

November 16, 2023 by Rich Turrin

“From MBA professor to IBM innovator to bestselling author, Richard Turrin is shaping Fintech and democratizing financial markets.” This is one of the more personal articles written about me, and I quite enjoyed it! Thanks to Naqsh Haque for asking the big questions, some of which were personal. “I literally arrived with two duffel bags, …

Read moreRichard Turrin: The Man Writing the Future of Money in a Cashless Era

My Twitter series “Dedollarization Daily” catches GlobalData’s eye, it should catch yours too!

September 6, 2023 by Rich Turrin

Dedollarization is a hot topic! BRICS+ put it on the map this year as a top story worthy of following! I cover dedollization on Twitter (aka X) in a daily tweet (now post) called “Dedollarization Daily!” The purpose of this daily column is to review the best articles that don’t sensationalize dedollarization. To look at …

Read moreMy Twitter series “Dedollarization Daily” catches GlobalData’s eye, it should catch yours too!

Ant Group’s rollout of its Alipay+ is a prime example of an innovative strategy based on ancient foundations.

September 6, 2023 by Rich Turrin

Thanks to Andy Mok for the kind words about my book “Cashless” in Wharton Magazine: here “In his book Cashless: China’s Digital Currency Revolution, Richard Turrin weaves together monetary policy, Chinese political history, technology, and an understanding of the global payments system to argue that China’s launch of the digital yuan (a central bank digital currency, …

Read moreAnt Group’s rollout of its Alipay+ is a prime example of an innovative strategy based on ancient foundations.

Interviewed by “The Economist” for “Cashless Talk”

August 29, 2023 by Rich Turrin

Great to be included in “Cashless Talk” a special report by “The Economist.” I confess that while I am delighted to have made it into the esteemed publication, I was somewhat surprised that over two hours of interviews were distilled into about four lines! Still, it is a great honor to be included as one …

Read moreInterviewed by “The Economist” for “Cashless Talk”

Demystifying, China, CBDCS and Going Cashless

August 28, 2023 by Rich Turrin

In this episode, our guest is the incredible Richard Turrin, who helps demystify the concept of Central Bank Digital Currencies (CBDC). Based out of China, Richard has a ringside seat on how China is transforming into a cashless society – a theme picked up in his latest book Cashless. He talks us through what a …

Read moreDemystifying, China, CBDCS and Going Cashless

China’s CBDC and the new financial order

August 28, 2023 by Rich Turrin

China continues to forge ahead with its central bank digital currency, notching up millions of transactions through giveaways and lottos. But beyond the consumer headlines lies a long-term strategy that could disrupt both banks and international trade. We speak with two experts, ‘Cashless’ author Richard Turrin, Singapore Management University professor, and China economic law scholar Heng …

Read moreChina’s CBDC and the new financial order

Digital Yuan needs WeChat and Alipay to Succeed

August 19, 2023 by Rich Turrin

Digital Yuan needs WeChat and Alipay to Succeed

Read moreDigital Yuan needs WeChat and Alipay to Succeed

Grilled about China’s CBDC: Controversy, Privacy & Control

August 18, 2023 by Rich Turrin

China's Central Bank Digital Currency explained with detailed views of your privacy compared with China's It's not what you think!

Read moreGrilled about China’s CBDC: Controversy, Privacy & Control

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!

China’s Economic Slowdown: What CFOs Should Know

December 10, 2022 by Rich Turrin

Although China has some legitimate economic issues, is the country's potential for long-term growth being overlooked by the West?

Read moreChina’s Economic Slowdown: What CFOs Should 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

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
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Cashless Newsletter

Writing about Asia’s FinTech revolution from Shanghai, 16 years and counting.

Every week, 60,000+ executives, investors and policymakers read Cashless to understand what Asia’s technology revolution means for Western markets. Not theory. Not hype. Real insight from someone living it.

If you want to know where Western finance and technology are heading, the answers are already visible in China and Asia today. Cashless connects the dots from the geopolitics of digital currency and the stablecoin versus CBDC battle for monetary sovereignty, to AI adoption, FinTech innovation and the trends that Western analysts won’t see coming until they’re already here.

Straight-talking. Hype-free. Delivered to your inbox every week. Free.

Join 60,000+ readers who already know that Asia isn’t coming. It’s already here.

RICH TURRIN

The go-to voice on Asia’s FinTech revolution. Fintech speaker, consultant and author — based in Shanghai, available worldwide.

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