U.S. Commerce Secretary Howard Lutnick told a White House cabinet meeting on 26 Aug. that the Commerce Department will begin publishing official economic statistics, starting with gross domestic product, directly on a blockchain. Lutnick said the move reflects the Trump administration’s embrace of digital assets and labelled the president the “crypto president.” Implementation details—including which blockchain network will be used, how the data will be formatted and the launch timetable—are still being worked out, according to the secretary. Lutnick added that once the system is running, it could be made available to other federal agencies for broader government data distribution. The initiative follows growing federal interest in distributed-ledger technology. In June the House passed the Deploying American Blockchains Act of 2025, which directs the Commerce Department to promote U.S. competitiveness in blockchain applications. The department is already responsible for releasing marquee indicators such as GDP; placing them on-chain is intended to enhance transparency and tamper resistance, though critics say the practical benefits remain unclear without further technical specifics.