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US to Publish Official Statistics on the Blockchain – Why It Matters Now

US to Publish Official Statistics on the Blockchain – Why It Matters Now

Published:
2025-08-27 06:29:02
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BTCCSquare news:

The United States government is preparing to publish official economic statistics, including GDP data, on the blockchain. Commerce Secretary Howard Lutnick announced the initiative during a White House Cabinet meeting, framing it as a milestone in federal adoption of decentralized technology. "The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto president," Lutnick told President Donald Trump.

The MOVE aims to enhance transparency, prevent data tampering, and modernize how critical statistics reach the public and financial markets. It follows the Deploying American Blockchains Act of 2025, which passed the House with bipartisan support. Analysts suggest on-chain GDP reporting could reshape global market transparency by creating immutable, auditable economic benchmarks.

|Square

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