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Marco Santori, a former partner at the law firm Cooley LLP, joined Bitcoin wallet service Blockchain.info as President and Chief Legal Officer, the company announced on its blog. One of the most prominent lawyers in the crypto space will replace co-founder Nicolas Cary, who will continue to be part of the company’s board.

Santori has worked with companies, regulators, and institutions by providing legal advice and service in the context of the crypto market. He is an advisor to the International Monetary Fund (IMF), and the Blockchain Ambassador for the US State of Delaware.

The lawyer has been engaged in several initial coin offerings (ICO), which continue to meet regulatory obstacles in the US. Santori also contributed to the creation of SAFT, a legal framework meant to support startups that launch ICOs in the US. 

Blockchain.info co-founder and CEO Peter Smith said:

“Marco has a breadth and depth of knowledge that is unmatched and I couldn’t think of a better person to focus entirely on our expansion efforts and strategy as we continue to serve our millions of users globally.”

Blockchain.info was founded in 2011 by the current CEO Peter Smith and former President Nicolas Cary. The service offers over 23 million Bitcoin wallets to clients worldwide. The company said that 2017 was a record year, and Santori’s appointment is part of its scaling efforts.

Santori will be responsible for creating the company’s compliance, legal and corporate development teams. He will also focus on bringing new products to the crypto market.

He also commented on this new development positively:

“I’m honored and thrilled to join Blockchain, the leading provider for digital asset software.”

“It’s a compelling opportunity to contribute to a company that is not only achieving unparalleled business success, but also delivering on a powerful mission to create an inclusive financial system from which everyone can benefit,” he added.

Last month, we reported that Blockchain.info would add BTC buy and sell functions for its US clients, which currently turn to Coinbase.