A domain name systems registry by the name of fTLD has recently announced that they will be restricting and streamlining the list of entities that are eligible for acquiring and possessing a .bank domain extension. According to the DNS registry, the extension is being used by fintech service providers in order to increase their legitimacy and market themselves as banks rather than microfinance platforms or various other investment firms. From here on out, the fTLD will require companies to present an actual banking license from a relevant authority in order to apply for a .bank extension. This is going to
