Japan’s JSCC partners with Mizuho, Nomura to test government bonds on blockchain
The Block·60-word summary·1 min read
Japan’s Japan Securities Clearing Corporation (JSCC) is partnering with Mizuho and Nomura to conduct a blockchain trial for government bonds. The proof-of-concept, using the Canton Network, aims to test on-chain transfer and management of Japanese government bonds, marking a step toward integrating blockchain technology into Japan’s financial infrastructure. The trial date has not been specified.
Pentagon officials are briefing reporters on President Trump’s fiscal 2027 budget request, totaling $1.5 trillion in defense spending. The budget includes $1.1 trillion for base discretionary expenses and $350 billion for priorities like expanding the defense industrial base and munitions access. The briefing took place on April 21, 2026, highlighting the significant increase in military funding.
Former President Donald Trump expressed support for the federal government helping to buy Spirit Airlines, which employs 14,000 people, during a CNBC interview on April 18, 2026. He opposed a potential merger between American Airlines and United Airlines but suggested that Spirit Airlines should be acquired to preserve jobs. Trump indicated he had discussed this idea with his team.
President Trump stated on April 20, 2026, that he does not want to extend the ceasefire with Iran, which is set to expire on April 21. When asked about prolonging the truce if peace talks progress, Trump responded, “I don’t want to do that,” emphasizing the limited time remaining. The decision comes amid ongoing diplomatic efforts.
Senate Democratic Leader Chuck Schumer on April 17 criticized FBI Director Kash Patel, citing a report in The Atlantic alleging excessive drinking. Schumer described Patel as a “grave risk” to the rule of law and national security, raising concerns about his conduct. The report has intensified scrutiny of Patel’s behavior amid ongoing debates over FBI leadership and security.
President Donald Trump accused Iran of violating the April 8 ceasefire in the Strait of Hormuz, which was set to expire soon. Iran’s military claimed a US destroyer fired on an Iranian-flagged cargo ship in the Gulf of Oman. The two-week agreement aimed to keep the Strait open for global shipping, but tensions remain high.
House Republican Rep. Rich McCormick defended FBI Director Kash Patel amid reports by The Atlantic alleging excessive alcohol use. McCormick stated he has no knowledge of Patel’s drinking or concerns from colleagues, adding, “As long as it doesn’t affect his job … I’m cool.” The report has raised questions about Patel’s conduct within the bureau.
