All articles tagged with #pilot programs
Major US banks are cautiously exploring cryptocurrency opportunities, primarily through pilot programs and partnerships, as they await clearer regulatory guidance and more favorable policies from authorities. While some banks are considering offering crypto trading and custody services, they remain hesitant to fully commit due to regulatory uncertainties and concerns over AML and compliance issues.
California has launched state-funded guaranteed income pilot programs in Ventura and San Francisco counties, providing $1,000-$1,200 per month to 150 former foster youth. The programs aim to disrupt poverty, advance equity, and support recipients' basic needs. The pilots will track the impacts on health, well-being, financial stress, employment, and education. Previous guaranteed income projects, such as the Stockton program, have shown positive outcomes, including increased financial stability and improved mental and physical health. The initiative aims to break the cycle of poverty and provide opportunities for young adults transitioning out of foster care.