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Rich Turrin

Industry Leader in fintech and digital transformation

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Fintech

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

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”

MBridge and the Petroyuan: A New Era of De-dollarization

February 23, 2025 by Rich Turrin

Thanks to Financial Sense for having me on this podcast! The written text can be found on this link, which nicely sums up our discussion: HERE Sadly the podcast has a paywall, the best I can do is this great 3 minute snippet which is a great summary of what’s happening with the dollar.

Read moreMBridge and the Petroyuan: A New Era of De-dollarization

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

Cashless No. 4 on BookAuthority Best Digital Currency Books List

February 23, 2025 by Rich Turrin

I understand that this is not the New York Times best seller list but I am delighted to have “Cashless” make No. 4 on the BookAuthority list! Sometimes, you get small gifts like this, and I’m very proud of this honor. About BookAuthority: BookAuthority is the world’s leading site for book recommendations, dedicated to helping …

Read moreCashless No. 4 on BookAuthority Best Digital Currency Books List

Crypto isn’t Dead but “Zombified” with Taxes, KYC and AML (fun clip)

April 18, 2024 by Rich Turrin

Oh its always fun to do candid videos where I can shake things up a bit! Here with my “truth bomb” about how crypto is now a zombie. The reality is that crypto has been brought into the mainstream, which means despite claims of decentralization, crypto has the same KYC and AML as banks. Tell …

Read moreCrypto isn’t Dead but “Zombified” with Taxes, KYC and AML (fun clip)

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!

We Talk Payment Fees and How CBDC is a Game-Changer!

March 18, 2024 by Rich Turrin

On this podcast I talk quite a bit about how CBDCs are a game changer and why banks and card companies don’t like them! The reality is that, as a society, we pay absurd amounts to transfer money. We have to think of credit card merchant fees as the blood, sweat, and tears of the …

Read moreWe Talk Payment Fees and How CBDC is a Game-Changer!

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!

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

SILICON VALLEY BANK THE WORLD’S FIRST DIGITAL BANK RUN!

August 24, 2023 by Rich Turrin

CGTN: The most stunning, and shocking, aspect of the current crisis is the speed at which the banks fell. At the Silicon Valley Bank – $42 billion were withdrawn within 24 hours! Are Americans losing trust in the banking system? Richard Turrin: This is the most important thing for people to understand. The nature of a …

Read moreSILICON VALLEY BANK THE WORLD’S FIRST DIGITAL BANK RUN!

Will Twitter be a super-app?

August 20, 2023 by Rich Turrin

Will Twitter be a super-app? Musk certainly does know how to pull off hard things, like launching a new car company and rockets. So while I don't count Musk and Twitter out, there is a long, hard road ahead of them to become a super-app.

Read moreWill Twitter be a super-app?

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

Taking on the Top 10 LIES about CBDC!

August 17, 2023 by Rich Turrin

🔥 I’M GOING ON THE ATTACK🔥 In this podcast I take on the TOP 10 LIES about CBDC with the ever-fantastic Efi Pylarinou! Timestamp: 🔹3:00 Anti-CBDC attack theme! Retail vs wholesale CBDC. People are only concerned with retail CBDC. 🔹5:50 NO 1, An account with the Central Bank! You will not have an account at …

Read moreTaking on the Top 10 LIES about CBDC!
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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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