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An image taken on Feb. 6, 2018 exhibits an individual holding a visible illustration of the digital crypto-currency Bitcoin, on the “Bitcoin Change” store within the Israeli metropolis of Tel Aviv.
Coloradans in search of to resume a driver’s license or car registration on-line have a brand new fee choice: cryptocurrency.
The Colorado Division of Motor Automobiles introduced Thursday that myDMV now accepts cryptocurrency through PayPal for on-line funds.
“On the DMV, we’re at all times in search of methods to higher serve Coloradans and leverage expertise to supply our companies,” DMV Senior Director Electra Bustle mentioned in a information launch. “This new on-line cryptocurrency fee choice is one more means the DMV is offering revolutionary and handy service supply to our prospects.”
Coloradans can now use PayPal cryptocurrency when paying for driver’s licenses, identification playing cards, car registrations or different DMV companies on-line.
“Those that select to pay with cryptocurrency can be directed to PayPal, the place they will choose a particular cryptocurrency to make use of for the fee,” the discharge mentioned. “A enough quantity of cryptocurrency to cowl the transaction and charges is then transformed to {dollars} and remitted to the DMV to finish the web transaction.
There’s a service charge of $1 plus 1.83% of the DMV complete for paying in cryptocurrency. PayPal charges might apply. PayPal is the one cryptocurrency supplier accepted right now.
For extra data, go to DMV.Colorado.gov/Cryptocurrency.
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