The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

$200,000,000 for Cash Handouts With No Strings Attached Allocated Across US As Basic Income Trials Come To 24 States: Report

by Daily Hodl Staff
August 4, 2023
in Financeflux

A total of 24 states across the US are testing the benefits of offering basic income with no strings attached to people and families in need.

And more than $200 million has now been reportedly allocated for various pilot programs across the country.

[adinserter block="1"]

The state with the most basic income trials, reports Mashable, is California, with programs distributing money in Los Angeles, Compton, Long Beach, Marin County, Mountain View, Oakland, Santa Clara County, San Diego, San Francisco, Sonoma County and Stockton.

Several of those trials are fueled by a $35 million, 5-year guaranteed income initiative signed by California Governor Gavin Newsom.

The full list of additional states that have already launched or plan to launch basic income programs is below.

• Alabama
• Arizona
• Colorado
• Florida
• Georgia
• Illinois
• Indiana
• Louisiana
• Maryland
• Massachusetts
• Michigan
• Minnesota
• Mississippi
• New Jersey
• New Mexico
• New York
• North Carolina
• Pennsylvania
• Rhode Island
• South Carolina
• Texas
• Virginia
• Washington

Early results from a $1.8 million basic income trial in Denver suggest such programs can offer a safety net for people facing financial hardships.

Participants who were given $600 to $12,000 per year say they are largely using the money to cover basic needs. They also say the program is relieving stress levels and increasing the amount of hope they have for the future.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • ChangeNOW Wins Best Digital Assets Fintech at the BeInCrypto Institutional 100 Awards 2026
    June 4, 2026
  • Premu Opens User-Created, Leveraged Prediction Markets Ahead of the 2026 World Cup
    June 4, 2026
  • Whale.io Launches Whale Printer – WHALE Token Staking
    June 3, 2026
  • Blockmaze Defines the Future of RWA Tokenization With Compliance-First Infrastructure for a $500 Trillion On-Chain World
    June 3, 2026
  • POV Order Now Live on Bybit Futures, Enabling Precision Execution for Large Trades
    June 2, 2026
  • Swapzone Adds Real-Time KYC and Execution Data to Pre-Swap Interface
    June 1, 2026
  • Beldex Launches BNS Marketplace, Expanding Digital Ownership Across the Ecosystem
    May 30, 2026
Submit a Guest Post
ADVERTISEMENT

Spotlight

  • JPMorgan Chase CEO Speaks Out Against Clarity Act, Says Banks Will Fight Bill in Upcoming Markup
    June 4, 2026
  • TD Bank Insider Masterminds $3,433,989 Fraud Scheme, Stealing Customer Information To Drain Accounts: DOJ
    June 4, 2026
  • Legendary Trader Peter Brandt Details Downside Price Target for Bitcoin After BTC Breaks From ‘Reliable’ Pattern
    June 4, 2026
  • Analyst Who Nailed Bitcoin 2025 Top Says He’s Accumulating BTC Despite Expecting Lower Prices – Here’s His Outlook
    June 3, 2026
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl