According to @AltcoinDaily, some New York residents will receive $12,000 in cryptocurrency as part of a Universal Basic Income initiative sponsored by Coinbase. Source: Altcoin Daily on X, Nov 29, 2025. The post confirms crypto-denominated payments and Coinbase sponsorship but does not disclose eligibility criteria, token type, distribution schedule, or administering entity, limiting immediate tradeable takeaways. Source: Altcoin Daily on X, Nov 29, 2025. Given the absence of official program mechanics in the source post, traders should wait for formal details from Coinbase before positioning around potential flows or listings and monitor for any subsequent confirmations. Source: Altcoin Daily on X, Nov 29, 2025.