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The fact that there is little evidence of any increase in using virtual money as a currency may be the reason there are minimal efforts to control it. The reason for this could be simply that the marketplace is too little for cryptocurrencies to warrant any regulatory effort. It’s also possible that the regulators simply do not comprehend the technology and its implications, expecting any developments to act.
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While none of these organizations “possesses” the Internet collectively these businesses determine how it functions, and established rules and standards that everyone remains. Contracts and legal framework that underlies all that is taking place to ascertain how things work and what happens if something bad happens. To get a domain name, for instance, one needs consent from a Registrar, which includes a contract with ICANN. To connect to the Internet, your ISP must be physical contracts with providers of Internet backbone services, and suppliers have contracts with IXPs from the Internet backbone to connect to and with her. Concern over security problems? A working group is formed to work on the issue and the solution developed and deployed is in the interest of all parties. If the Internet is down, you have someone to call to get it repaired. If the difficulty is from your ISP, they in turn have contracts in place and service level agreements, which regulate the way in which these problems are resolved.
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