The Verifiable Credentials Working Group has published a First Public Working Draft of Bitstring Status List v1.1.

This specification describes a privacy-preserving, space-efficient, and high-performance mechanism for publishing status information such as suspension or revocation of Verifiable Credentials through use of bitstrings.
https://www.w3.org/news/2026/first-public-working-draft-bitstring-status-list-v1-1/
#VerifiableCredentials