Multicoin Capital Co-Founder Urges CFTC to Create Safe Harbors for New Derivatives and DeFi Privacy Tools

The Commodity Futures Trading Commission held the first meeting of its Innovation Advisory Committee on Wednesday morning, and Multicoin Capital co-founder Tushar Jain proposed three measures. According to Odaily, he called for safe harbors or innovation exemptions for emerging markets such as hashrate derivatives, support for compliant privacy and confidentiality tools in DeFi, and the launch of pre-IPO perpetual futures so ordinary U.S. investors can participate in wealth gains from sectors such as AI.Jain also said he spoke with SEC Chair Paul Atkins that day and said he was optimistic about regulators promoting financial innovation and the future development of the United States.