Since PayPal just announced that crypto trading and payment services went live in the US, do you think PayPal may turn into a big competitor to existing cryptoexchages? They can also launch a crypto-currency trading desk as well, why not.
I don't see PayPal serious enough about the cryptocurrency market to turn into some sort of centralised exchange. The reason for this is that in my opinion Paypal added the ability of its customers to buy/sell crypto only as a "face" and to ensure that if crypto does end up handicapping the finance industry (which I think at some point in the future is inevitable) they will have a stand in it and won't be missing out.
Even if they were to adopt something like that in the future it won't make it any different from a centralised exchange like eToro, and definitely not close enough to DEX.
Having the same input and belief that they are really just trying out to be up to date on whats the current trend as of today in terms of finance industry
yet crypto is taking some consideration at the moment and of thinking to be their biggest competitor then rather than on making oppositions then it would
be wise for them to adopt it instead of countering it yet this is also some sort of marketing yet it do boost up once again their platforms existence
but in talks on become some centralized exchange ? yes they can but as said this will just remain like on that eToro.