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.

According to @1HowardWu, zPass is becoming an inevitable solution for privacy in crypto transactions by allowing users to prove specific information about themselves without revealing all their personal data. The technology ensures that user data remains on their device, which is expected to strengthen privacy and security for crypto traders and investors. This advancement could drive higher adoption of privacy-focused blockchain solutions and influence market sentiment towards projects integrating zero-knowledge proof technologies (Source: @1HowardWu).