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.
Well why not, but it's to early to tell that, they've just started, they are in a water testing period, they have the right thing of integrating Cryptocurrency in their platform and the timing is right, just when Bitcoin and the market is going up.
After one year and if they have good success, they can think of anything to expand their market, and setting up a Crypto exchange is the next big thing for them.