It seems that they did not have any choice. They were losing ground to start with. We will see how regulations will prevent them to go on.
>>> “The stock’s record-breaking performance comes after Paypal recently reported a drop in its third-quarter earnings in October. While that performance subsequently forced Paypal not to provide preliminary guidance for 2021, there is, however, a belief that the cryptocurrency trade service will result in a turnaround of the company’s fortunes.”