Definitely an interesting move.
Not sure what I feel about PayPal being a pillar of it, but it's probably a good look though.
Maybe this will be the beginning of the end of the idea that crypto is "only used for criminal activities" in the mainstream.
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The thing about permissionless crypto is that no one has to ask permission. Even people that you don't like or trust. In theory, it's like freedom of speech. Basically a human right at this point.
That's certainly going to be an interesting development to follow, I can already hear the complaints from the pro censorship folks 😅
Regardless, having established brands in the crypto sphere is going to boost it, at least temporarily, as we are already seeing. At the time of writing even 13k BTC is looking pretty likely.