Rich Turrin
Industry Leader in fintech and digital transformation
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 …
Thank you to Mirela Ciobanu for this great video in “The Paypers.” “Payment digitalisation brought by COVID, the need to conduct cheaper, faster, and fraud-prone cross-border transactions, and the innovation brought by concepts such as stablecoins, crypto, and DeFi, are forcing financial institutions to modernise their infrastructure and adapt to a new way of conducting …
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:”
A very special podcast that covers lockdown in Shanghai as well as the latest developments in CBDCs!
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 …
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 …
“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. …
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! …
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 …
“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 …
“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 …
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 …
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 …
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 …
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 1,024 …
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 people …
Great to write for my “home town” press! I’m a member of the Financial Services Committee for Amcham and its always great to share my book “Cashless” with the committee! The article is from the Insight Magazine Sep/Oct 2021 and can be found here: Insight Magazine | Going Cashless with CBDCs and Stablecoins China …
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 …
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 …
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 …
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 …
Delighted to contribute this article to the South China Morning Post. Link here: China’s digital yuan is not death knell for Alipay and WeChat Pay China’s digital payment market is big enough for the e-CNY, Alipay and WeChat Pay to survive and thrive alongside one another The digital currency will benefit from more visibility while …
Interest in China’s digital yuan peaked at the Olympics with much of the world taking a detailed look for the first time. As you can see from the different geographies represented by these articles, curiosity about the digital yuan was genuinely global. Let’s take a look at quotes I contributed to in leading publications. As …
China big tech’s “new normal” is no “Wild West” and those days are never coming back with the launch of China’s new “State Anti-Monopoly Bureau.” In this interview on CGTN Europe I talk about the goals of China’s new Anti-Monopoly Bureau which has now been upgraded to “Deputy Ministerial” status to ensure that it is …
