Amid a surge in applications, a DNS registrar may ban crypto firms from using .bank and .insurance domain names.
fTLD Registry Services, a domain name system (DNS) registry, announced it is looking to restrict the DNS extensions from generic banking “service providers.” The proposal comes amid an alleged uptick in applications for .bank domain names by crypto firms.
Originally, the .bank domain was reserved for government-regulated retail banks, savings associations, national banks, or bank holding companies.
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