Multicoin Partner Tushar Jain Proposes Three Regulatory Recommendations at CFTC Meeting

Tushar Jain, a partner at Multicoin Capital, said he spoke at the inaugural meeting of the CFTC's Innovation Advisory Committee and made three recommendations to CFTC Chairman Selig. These include establishing a safe harbor or innovation exemption for new markets such as computational derivatives, enabling builders to test ideas in compliance; supporting confidential compliance tools in DeFi that provide greater transparency for regulators to manage systemic risks while protecting institutional traders' privacy. Jain also called for supporting pre-IPO perpetual futures, allowing ordinary Americans to share in AI wealth creation rather than being excluded from private markets or forced into opaque SPVs. He mentioned that he also interacted with SEC Chairman Paul Atkins that day and expressed gratitude to forward-looking regulators focused on America's future.