The same warning was given for users of .me and .ai. Territories and countries have full sovereign right to make rules for their ccTLDs. And ICANN removes them when the territory ceases to exist as was the case for Yugoslavia.

At least Serbia is very happy and supports the use of .rs for Rust projects. Their regulator issued a statement about it.

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It’s funny because .ai is for Anguilla, another British overseas territory, but at least is way more established than The British Indian Ovean Territory was in terms of an actual population. Most inhabitants from the Chagos Archipelago didn’t live there anymore.