so far it's just news. Paypal needs to be able to implement the use of cryptocurrencies in its service and face into problems with the interaction with the authorities.
I think so too. Until it doesn't happen yet it will just remain as a rumor.
There isn't yet that is coming if it were real the people would have been buying Bitcoin buy now which the price could have gone up but instead falling since that news come. I have to admit that we need major payment services like paypal to pump up the crypto market.