Crypto News From Japan: Nov. 11-17 in Review

Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan.

Crypto Antiquing Association LaunchesOn Nov. 11, Cointelegraph Japan reported that the Crypto Assets Antique Association was established with the purpose of promoting the use of crypto assets in the antique trade.

Specifically, the organization promotes crypto asset adoption by antiquarian merchants, who sell second-hand rare goods for cryptocurrency.

Famous Japanese cryptocurrency trader arrested for drugsA well-known Japanese cryptocurrency trader, Kazuma "Kazmax" Yoshizawa, was arrested for allegedly violating the Narcotics Control Law on Nov. 11.Law enforcement reportedly asked Yoshizawa to provide a sample of his urine and he tested positive for the use of the synthetic drug MDMA. He denies the accusations and claims that the drug was mixed into his drink in a club.

Stellar moves in JapanStellar was listed on Japanese cryptocurrency exchange Coincheck on Nov. 12.

Cointelegraph Japan reported that the price of XLM on Coincheck soared by 46% following the listing.

The University of Kyoto is an XRP validatorThe University of Kyoto is now maintaining a transaction validator for Ripple's XRP Ledger.

This is reportedly the first blockchain validation operation by a Japanese University so far.

A validator on the XRP is a node that validates - hence the name - transactions and consequently secures the network.

"In the same way that the Internet has spread to the roots of the network to connect university networks and became the basis of a stable network, a neutral university organization has become a validator in the blockchain. I think it is very important to be the core of a healthy and healthy network."