Thank you to Guan Xin anchor of CGTN Biztalk! This is a full half-hour program covering China's new central bank digital currency. Delighted to share the program with my new friend Zhang Xiaoyan from Tsinghua University. In 2014, the People's Bank of China set up a team to study digital …
Fintech
Keynote: The innovation center of gravity moves east.
Great to participate in SWIFT's Inside Innovation Conference! A big thank-you to SWIFT! My keynote "The big picture: Financial services in 2030" focused on one theme, how the innovation center of gravity is moving East. There can be no argument that fintech is huge in all of Asia, not just …
How did China, the largest nation in the World…Go Cashless? (Video)
Great pleasure being interviewed by Rick Huckstep from Wiser! "Two weeks of tech in a 10 minute read" Rick read "Cashless" from cover to cover and loved the book. Am grateful for his support and fabulous review in the Wiser Newsletter There is nobody better qualified to tell the story of how …
Banque de France trials CBDC as governor warns of digital yuan threat
Link here: Banque de France trials CBDC as governor warns of digital yuan threat By Lewis McLellan 01 Jul 20214-4 minutes France’s central bank governor sounds the alarm over the risk facing European monetary sovereignty posed by digital payments infrastructure, particularly the one …
Featured in DigFin: Ant may be more relevant to China’s banks than ever
Article link: Ant may be more relevant to China’s banks than ever Jame DiBiasio 9-12 minutes 6/28/2021 Ant Group, the fintech arm of Alibaba, may be losing its grip on a lucrative lending business as a result of a regulatory crackdown that began with the November 2020 suspension …
Featured in SCMP: Does Ant’s new licence indicate watchdog is on board with restructuring?
Article link: Does Ant Group’s new licence for consumer finance business indicate regulator is on board with restructuring? Enoch Yiu, 6/3/2021 Thursday’s approval is a major step for Ant whose initial public offering (IPO) was put on ice in November at the last moment. The listing was called …
China: the journey to a cashless society
I am deeply honored that Rick Huckstep founder of the Wiser! - Tech Economy Newsletter devoted an entire issue to "Cashless!" Please follow the link below to read the article. Article snippet below but it doesn't do justice to Rick's beautifully illustrated article. Link to article Wiser! - …
DIGITAL FINANCE SERIES INTERVIEW: Cashless – China’s Digital Currency Revolution
Great discussion with Tony Moroney and James B McCarthy of the DTLab University College Cork. Thanks so much for inviting me! No powerpoints just a pure stream of consciousness about #CBDC and #CashlessChina from your humble author. The most fun I've had in …
Featured in: China’s Digital Yuan: How will it Decide the Future of Money?
Aricle link: https://lynk.global/insights/china-digital-yuan-how-will-it-decide-the-future-of-money China’s Digital Yuan: How will it Decide the Future of Money? By Pamela Lin 20 MAY 202110-12 minutes In China’s southern tech hub Shenzhen, 33-year-old reporter Sally Zhou got to test …
Featured in: Ant Group searches for direction in a new era of Chinese fintech
Link to article https://kr-asia.com/ant-group-searches-for-direction-in-a-new-era-of-chinese-fintech Article: Ant Group searches for direction in a new era of Chinese fintech | KrASIA 10-12 minutes 5/20/2021 Ant Group’s USD 35 billion dual listing in Hong Kong and Shanghai last year was …
“China crashed Bitcoin” and other myths
Don’t blame China for the #Bitcoin crash! Instead, blame insane headlines, ignorance and social media. It makes #CBDC look good! China's regulators were doing their job when they issued this public service announcement to warn people about Bitcoin volatility: “Virtual currency’s prices have …
Alibaba earnings: “Can investors ever learn to love China’s regulators?”
"Can investors ever learn to love China’s regulators?" Unlikely but they should! Investors are overselling China's tech stocks based on a fundamental misunderstanding of the regulators. Alibaba’s earnings were mind-blowing! Revenue growth up an incredible 64%, income up 38% and EPS up 12%. The …
CASHLESS