Ned Conway

Ned Conway, Executive Secretary of the Wolfsberg Group, shares insights on banking stablecoin producers while emphasizing AML standards. He discusses the newly released guidance aimed at fiat-backed stablecoin issuers, detailing how correspondent banking principles apply to these digital assets. Conway also touches on the importance of transparent reserves and operational controls. He praises recent Treasury efforts to streamline suspicious activity reporting, advocating for better information sharing between sectors to combat financial crime effectively.