I am needing to mount the virtual drive as local because the electrum app can not read the file when it is mounted as a network drive. I installed the Dokany and rebooted the computer but it still did not allow me to change it. I am using the portable version on the same USB as the encrypted folder is, see the image for more clarity.
Cryptomator is currently not compatible with Dokany 2.x. You have to install Dokany 1.x.
I recommend it get updated soon so it works with the latest version of Dokany for security reasons.