Veronica McGregor, CLO of ShapeShift. Courtesy photo

Cryptocurrency exchange ShapeShift has cashed in on a new legal leader.

The Switzerland-based company hired Goodwin Procter partner Veronica McGregor as chief legal officer last month. In her new role, McGregor is in charge of legal, regulatory and compliance strategies and represents ShapeShift in its interactions with regulators.

McGregor officially started on August 27, according to the announcement of her hire.

“I’m excited to be joining ShapeShift,” McGregor said in a statement. “The company lives at the forefront of the cryptocurrency space, building creatively on a new, adventurous frontier. I look forward to working with [ShapeShift founder and CEO Erik Voorhees] and his team on global legal strategy, particularly addressing evolving regulations in this new industry.”

Prior to her move in-house, McGregor was a San Francisco-based partner at Goodwin, working in the firm’s financial industry, banking, consumer financial services and fintech practices. She is one of a growing number of Big Law attorneys to make the leap to in-house crypto in recent years.

McGregor has also worked as a partner at Hogan Lovells, as of counsel at Jones Day and Perkins Coie and as an associate at Morrison & Foerster.

She also clerked for the Equal Employment Opportunity Commission, the National Labor Relations Board and Gibson, Dunn & Crutcher  while studying law at UC Hastings. This appears to be her first in-house role.

McGregor is currently the  vice chair of the Consumer Financial Services Committee of the American Bar Association and a member of the FinTech Law Reporter’s editorial board.

“Veronica’s expertise in new payment systems, traditional finance, and cryptocurrencies make her a powerhouse in the legal world,” Voorhees said in a statement. “Cryptocurrencies exist within an environment of unclear and fragmented regulations. Having Veronica’s experience and insight will be invaluable, and I’m thrilled to have the opportunity to work with her.”