Recently there was speculation over PayPal enabling cryptocurrency payment on its platform, we now have a confirmation from PayPal over cryptocurrency integration.
Online payments giant PayPal has confirmed that it is working on bringing cryptocurrency capabilities to its platform. The news was confirmed via a letter sent to the European Commission seeking clarity on various cryptocurrency-related activities.
Source
Having been a member of Facebook's Libra and consequently withdrawing, PayPal looks to be making cautious to enable smooth cryptocurrency integration, we should expect Bitcoin and a few other cryptocurrencies to be enabled on PayPal.
On the bright side of this, I think it will expose PayPal users to Bitcoin and other cryptos which is what we need in this space.
Cryptocurrencies can't be ignored for too long!
Cheers.
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