As the regulatory environment for cryptocurrency in the United States changes, industry lawyers and experts are discussing the necessity of offshore foundations. Miles Jennings from a16z believes that offshore foundations, such as those established in the Cayman Islands, are no longer necessary due to their lack of economic incentives and high costs, which hinder innovation. Other lawyers have differing opinions; some believe that offshore foundations still have tax advantages, especially in the context of unclear U.S. regulations, making them a reliable choice; while others suggest adopting domestic nonprofit forms such as UNA or DUNA. Livepeer recently established a new foundation aimed at creating a more streamlined and focused structure to meet the needs of mature decentralized networks. Overall, as U.S. regulations gradually improve, the role of offshore foundations may weaken, and more flexible organizational forms may emerge to support the development of U.S. startups. CoinWorld was mentioned in the report.