This paper is part of Australian internet policy , a special issue of Internet Policy Review guest-edited by Angela Daly and Julian Thomas. Acknowledgement: Thanks to the Melbourne Networked Society Institute at the University of Melbourne for funding our research project ‘The Internet of Things (IoT) and Consumer Privacy’, 2015-2016, and to our
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Contrary to the early view that cryptocurrencies’ decentralisation makes them unregulable, the formation of new intermediaries will guarantee regulators’ ultimate power. The key challenge is how to balance control and innovation.