Funds on PayPal/Wise—Reporting Obligation?

[FYale]

As I understand it, Wise is only obligated to report under CRS if you're using any other of their entities, such as a Assets, but what about PayPal? Is their reporting obligation triggered regardless? For the record, I'm in Europe.

 

[Jorozey]

Your information is reported to the authorities

https://www.paypal.com/au/smarthelp/article/what-is-common-reporting-standard-(crs)-faq4212
https://en.m.wikipedia.org/wiki/Common_Reporting_Standard
https://www.paypal.com/be/webapps/mpp/ua/facta-full?locale.x=en_BE