Nym, a crypto service provider based in Switzerland, reportedly chose to rely solely on cryptocurrency for its operations in France, rather than operating with a bank account.
This decision followed rumors that Nym had recently opened an office in France without creating a bank account in the country.
As a company focused on providing privacy services, Nym requires a dependable method of completing transactions, and reports suggest that it will rely entirely on bitcoin and other cryptocurrencies for this purpose.
The decision has inspired confidence among crypto investors, with many expressing excitement about the news. While some investors remain skeptical of the authenticity of the reports, others believe that cryptocurrency is the future.