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Nym Token Surges 12% as UK Online Safety Act Spurs VPN Demand

The Nym protocol token (NYM) jumped 12% after the UK’s Online Safety Act led to a 6,000% surge in VPN demand, as users seek privacy tools to circumvent new age-verification mandates for adult and social media content. The law imposes hefty fines for non-compliance, raising concerns about mass surveillance. VPN usage has skyrocketed in the UK, with ProtonVPN topping Apple’s App Store, mirroring trends in the U.S. and Europe. Nym’s CEO warns that VPNs alone aren’t enough for true anonymity, advocating for encrypted tools like Signal and privacy-focused browsers. Critics argue the law’s child protection narrative masks broader surveillance ambitions.

about Nym Token Surges 12% as UK Online Safety Act Spurs VPN Demand
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