Pay Pal working on enabling buying and selling of cryptocurrency is like...

The centralized entities better adjust or they will seize to exist as decentralized blockchain technology disrupts the monopoly that have long been enjoyed by these entities.
PayPal, Venmo to Roll Out Crypto Buying and Selling PayPal however have declined to comment on the news, be it rumor at this stage or not, at some stage it is bound to happen as cryptocurrencies continues to gain adoption.

Taking a look at the possibility of PayPal enabling cryptocurrency sales is like Facebook and the Libra project Novi both trying to hold on to power of monopoly.
Obviously using the services will require some KYC and possibly some regulations.

Looking at the bright side, I think these greedy centralized entities while trying to play the crypto game hypocritically will invariably aid adoption of cryptocurrencies.
The crypto community can do with some exposure from this centralized entities.