Revolutionizing DMV Services: MyDMV Now Embraces Cryptocurrency as a Convenient Payment Option

Coloradans seeking to renew a driver’s license or vehicle registration online have a new payment option.

The Colorado Division of Motor Vehicles has announced that myDMV now accepts cryptocurrency through PayPal for online payments.

Convenient Online Payment Option

• Coloradans can now select PayPal cryptocurrency as a payment option for a driver’s license, identification card, vehicle registration, or other online DMV services.
• Those who choose to pay with cryptocurrency will be directed to PayPal, where they can select a specific cryptocurrency to use.
• A sufficient amount of cryptocurrency to cover the transaction and fees is converted to dollars and remitted to the DMV to complete the online transaction.

Service Fees and Provider

• There is a service fee of $1 plus 1.83% of the DMV total for paying in cryptocurrency. PayPal fees may apply as well.
• PayPal is the only cryptocurrency provider being accepted at this time.

For more information, please visit DMV.Colorado.gov/Cryptocurrenc.

The DMV is committed to providing services for all Coloradans where they are needed most, whether it’s in-office, online or on the go. Visit DMV.Colorado.gov/Anywhere to find out how you can DMV anywhere. Yes, anywhere.