Singapore Economy Outlook for FinTech FX Payments Amid China’s Money Laundering Crackdown

Introduction

Singapore’s role as a global financial hub has made it a pivotal player in the world of cross-border financial services, particularly in the growing sector of FinTech and foreign exchange (FX) payments. Recent escalations in China's crackdown on money laundering and illicit capital flows have substantial implications for the industry, especi…