Multicoin Capital partner Tushar Jain said he presented three recommendations to CFTC Chairman Selig at the first meeting of the CFTC Innovation Advisory Committee. He proposed safe harbors or innovation exemptions for new markets such as derivatives, enabling builders to test ideas while working toward compliance. Jain also backed compliance confidentiality tools in DeFi (decentralized financial applications), saying they could give regulators greater transparency to manage systemic risk while protecting institutional traders’ privacy. His third recommendation was support for perpetual futures (futures without an expiry date) before companies go public, which he said could allow ordinary Americans to participate in AI wealth creation instead of being shut out of private markets or pushed into opaque SPVs. Jain said he also spoke with SEC Chairman Paul Atkins and thanked forward-looking regulators focused on America’s future.