A recent seminar presented by the CoinAlts Fund Symposium provided a comprehensive overview of the state of the cryptocurrency industry and the hurdles that market participants must overcome. The program featured Lewis Chong, partner at Harneys; Bart Mallon, partner at Cole‑Frieman & Mallon; Cynthia M. Pedersen, director at Cohen & Company; Matt Perona, chief operating officer and chief financial officer at Polychain Capital; and Matthew Stover and Seth Altman, respectively CEO and director at MG Stover & Co. This second article in a two-part series distilling the insights from the symposium discusses offshore legal and regulatory considerations, as well as summarizes the current state of the cryptocurrency market. The first article examined U.S. taxation of cryptocurrency and proposed U.S. legislation. For more from Cole‑Frieman & Mallon and Cohen & Company, see “Unique Security Risks Posed by Cryptocurrency Investing: Steps Fund Managers Must Take to Protect Individuals With Access to Client Assets” (Jun. 28, 2018).