diff --git a/CHANGELOG.md b/CHANGELOG.md
index 5fc1abe1b..1dac43a04 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -8,6 +8,13 @@ and this project adheres to
 
 ## [Unreleased]
 
+### Changed
+
+- cosmwasm-vm: Disable reference-types and bulk-memory proposals during
+  validation. ([#2349])
+
+[#2349]: https://github.com/CosmWasm/cosmwasm/pull/2349
+
 ## [1.5.9] - 2024-12-10
 
 ### Added
diff --git a/packages/vm/src/parsed_wasm.rs b/packages/vm/src/parsed_wasm.rs
index 37e504189..a323e1aab 100644
--- a/packages/vm/src/parsed_wasm.rs
+++ b/packages/vm/src/parsed_wasm.rs
@@ -23,14 +23,23 @@ pub struct ParsedWasm<'a> {
 impl<'a> ParsedWasm<'a> {
     pub fn parse(wasm: &'a [u8]) -> VmResult<Self> {
         let mut validator = Validator::new_with_features(WasmFeatures {
+            mutable_global: true,
+            saturating_float_to_int: true,
+            sign_extension: true,
+            multi_value: true,
             deterministic_only: true,
-            component_model: false,
+
+            reference_types: false,
+            bulk_memory: false,
             simd: false,
             relaxed_simd: false,
             threads: false,
+            tail_call: false,
             multi_memory: false,
+            exceptions: false,
             memory64: false,
-            ..Default::default()
+            extended_const: false,
+            component_model: false,
         });
 
         let mut this = Self {