According to @provenauthority on Twitter, Billions Network and PrivadoID are actively developing secure, scalable digital identity verification solutions that prioritize both privacy and regulatory compliance for crypto users. This advancement addresses key trading concerns around user authentication and risk exposure, potentially reducing compliance costs for exchanges and DeFi protocols. Verified identity solutions may drive increased institutional adoption and improve trust within the broader cryptocurrency market, as cited by @provenauthority on May 22, 2025.