diff --git a/README.mediawiki b/README.mediawiki
index fdd27ac4..710e128e 100644
--- a/README.mediawiki
+++ b/README.mediawiki
@@ -1190,13 +1190,13 @@ Those proposing changes should consider that ultimately consent may rest with th
 | Pieter Wuille, Ava Chow
 | Informational
 | Draft
-|-
+|- style="background-color: #ffffcf"
 | [[bip-0388.mediawiki|388]]
 | Applications
 | Wallet Policies for Descriptor Wallets
 | Salvatore Ingala
 | Standard
-| Draft
+| Proposed
 |-
 | [[bip-0389.mediawiki|389]]
 | Applications
diff --git a/bip-0388.mediawiki b/bip-0388.mediawiki
index 78051455..a797643b 100644
--- a/bip-0388.mediawiki
+++ b/bip-0388.mediawiki
@@ -5,7 +5,7 @@
   Author: Salvatore Ingala <salvatoshi@protonmail.com>
   Comments-Summary: No comments yet.
   Comments-URI: https://github.com/bitcoin/bips/wiki/Comments:BIP-0388
-  Status: Draft
+  Status: Proposed
   Type: Standards Track
   Created: 2022-11-16
   License: BSD-2-Clause