Melbourne IT (ASX: MLB) managing director, Theo Hnarakis, has warned that the rising Australian dollar and the 20 June ICANN decision on domain liberalisation may affect the hosting company’s full year results.

Several U.S. lawmakers urged the Internet Corporation for Assigned Names and Numbers (ICANN) to back off on a plan to offer an unlimited number of new generic top-level domains until concerns about trademark protections and other issues can be addressed.