Here’s What Happened in Crypto Today – Cointelegraph

Lightning Labs has launched the mainnet alpha of Taproot Assets, a development that aims to enable stablecoins and real-world assets on the blockchain. In other news, Senator Elizabeth Warren has intensified her campaign against cryptocurrency, urging the White House to investigate the potential use of digital assets in financing terrorism. Additionally, Reddit has announced the discontinuation of its blockchain-based rewards system known as “Community Points.”

### Taproot Assets: Enabling Stablecoins on Bitcoin

Lightning Labs, which specializes in Bitcoin layer-2 infrastructure, has unveiled the mainnet alpha of Taproot Assets. This new protocol is designed to facilitate the issuance of stablecoins and real-world assets on both the Bitcoin network and the Lightning Network.

### Lawmakers Address Concerns Over Crypto and Terrorism Financing

### Reddit Phases Out Blockchain-Backed “Community Points”

Reddit’s Community Points will be officially discontinued on November 8.