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1h ago

Commerce to Publish GDP and Other Statistics on Blockchain, Implementation Unclear

The move underscores a pro-crypto policy turn, with a House-passed bill now before the Senate to create a Commerce-led blockchain program.

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© Photographer: Aaron Schwartz/CNP/Bloomberg via Getty Images
US Commerce Department will put GDP and statistics on the blockchain-Howard Lutnick
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Overview

  • Commerce Secretary Howard Lutnick announced at a White House cabinet meeting that the department plans to issue GDP and other economic data on a blockchain.
  • Lutnick said the model is intended for government-wide use, but he did not specify which network would host the data or how the system would operate.
  • Reporters noted that the Commerce Department declined immediate requests to clarify technical, security, and governance details of the plan.
  • Coverage frames the announcement as part of the administration’s broader embrace of crypto, building on pilots at Treasury, the CFTC, Defense, DHS, SBA, and CBP.
  • Congressional context includes the Deploying American Blockchains Act of 2025, which passed the House in June and would formalize a Commerce-led federal blockchain program if enacted.