Rich Turrin
Industry Leader in fintech and digital transformation
“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 …
The Caribbean used to be called “America’s backyard” now it’s China’s so don’t be surprised when they use the #digitalyuan! “The dollar is the largest currency used in trade there’s no question about it, but what we can question is whether the dollar is the easiest currency for developing currencies to access? The clear answer …
The Olympic games are upon us and China’s digital yuan is increasingly in the news. This is all part of the PBOC’s “coming out party” for the digital yuan. An attempt to win technological gold for being the first major country to launch a CBDC. It remains to be seen what the reaction to China’s …
Great honor to speak with Australia’s leading financial newspaper the Financial Review! There is a sense in Australia that a CBDC isn’t necessary. This may be true, but there is great concern that APRA is not factoring in the impact of regional CBDCs on trade. Richard Turrin, author of Cashless, China’s Digital Currency Revolution, …
Great discussing the recent launch of China’s new digital yuan app with Forkast.News! The app launched and promptly went number one in China’s app stores for about a week! This is a great vote of confidence for the new e-CNY. Still, there aren’t a lot of places to use the e-CNY so be patient for …
Thank you Giesecke + Devrient for a wonderful opportunity to talk to your clients about digital banking! Digital alone won’t deliver a customer experience you can be proud of! If you’re not combining digital with physical for a “phygital” experience your missing out on the gold standard. Need proof? Take one look at Alipay or …
Great talk with Greg Canavan of Fat Tail Investment Research! Thank you Greg! In this episode, we discuss CBDC and crypto and I highlight how crypto tech is behind our current CBDCs. This has nothing to do with the price of Bitcoin or whether you love or hate crypto Acknowledging the debt is important because …
