The Verifiable Credentials Working Group has published the following two First Public Working Drafts:

• Verifiable Credentials Status List v2021: This specification describes a privacy-preserving, space-efficient, and high-performance mechanism for publishing status information such as suspension or revocation of Verifiable Credentials.
• Securing Verifiable Credentials using JSON Web Tokens: This specification defines how Verifiable Credentials can be represented as JSON Web Tokens (JWT) [RFC7519] and secured using JSON Web Signatures (JWS) [RFC7515].