According to @1HowardWu, a recent White House report emphasizes the role of zero-knowledge (ZK) proofs in enabling verifiable credentials with selective disclosure. This technology allows for privacy-preserving compliance, directly addressing regulatory needs while maintaining user confidentiality. The integration of ZK proofs is seen as a significant advancement for crypto traders and blockchain projects focused on meeting both privacy and regulatory requirements, as highlighted by @1HowardWu referencing the zPass platform as an example.