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.
The opportunity does exist, but for now paypal is still focused on promoting cryptocurrency on their platform,
it is not easy to make an exchange platform, because we know there is Binance which is its main competitor.