diff --git a/app/scripts/controllers/preferences-controller.ts b/app/scripts/controllers/preferences-controller.ts
index dce2ef3d0512..d705be4c3180 100644
--- a/app/scripts/controllers/preferences-controller.ts
+++ b/app/scripts/controllers/preferences-controller.ts
@@ -124,10 +124,14 @@ export type Preferences = {
   shouldShowAggregatedBalancePopover: boolean;
 };
 
-// Omitting showTestNetworks and smartTransactionsOptInStatus, as they already exists here in Preferences type
+// Omitting properties that already exist in the PreferencesState, as part of the preferences property.
 export type PreferencesControllerState = Omit<
   PreferencesState,
-  'showTestNetworks' | 'smartTransactionsOptInStatus'
+  | 'showTestNetworks'
+  | 'smartTransactionsOptInStatus'
+  | 'privacyMode'
+  | 'tokenSortConfig'
+  | 'useMultiRpcMigration'
 > & {
   useBlockie: boolean;
   useNonceField: boolean;
@@ -135,7 +139,6 @@ export type PreferencesControllerState = Omit<
   dismissSeedBackUpReminder: boolean;
   overrideContentSecurityPolicyHeader: boolean;
   useMultiAccountBalanceChecker: boolean;
-  useSafeChainsListValidation: boolean;
   use4ByteResolution: boolean;
   useCurrencyRateCheck: boolean;
   useRequestQueue: boolean;
diff --git a/package.json b/package.json
index ba53b1bbf288..5afe8ca69d75 100644
--- a/package.json
+++ b/package.json
@@ -467,7 +467,7 @@
     "@metamask/eth-json-rpc-provider": "^4.1.6",
     "@metamask/forwarder": "^1.1.0",
     "@metamask/phishing-warning": "^4.1.0",
-    "@metamask/preferences-controller": "^13.0.2",
+    "@metamask/preferences-controller": "^14.0.0",
     "@metamask/test-bundler": "^1.0.0",
     "@metamask/test-dapp": "8.13.0",
     "@octokit/core": "^3.6.0",
diff --git a/yarn.lock b/yarn.lock
index 159ea9658db7..4fbf80a01a15 100644
--- a/yarn.lock
+++ b/yarn.lock
@@ -6080,15 +6080,15 @@ __metadata:
   languageName: node
   linkType: hard
 
-"@metamask/preferences-controller@npm:^13.0.2":
-  version: 13.0.3
-  resolution: "@metamask/preferences-controller@npm:13.0.3"
+"@metamask/preferences-controller@npm:^14.0.0":
+  version: 14.0.0
+  resolution: "@metamask/preferences-controller@npm:14.0.0"
   dependencies:
-    "@metamask/base-controller": "npm:^7.0.1"
-    "@metamask/controller-utils": "npm:^11.3.0"
+    "@metamask/base-controller": "npm:^7.0.2"
+    "@metamask/controller-utils": "npm:^11.4.3"
   peerDependencies:
-    "@metamask/keyring-controller": ^17.0.0
-  checksum: 10/d922c2e603c7a1ef0301dcfc7d5b6aa0bbdd9c318f0857fbbc9e95606609ae806e69c46231288953ce443322039781404565a46fe42bdfa731c4f0da20448d32
+    "@metamask/keyring-controller": ^18.0.0
+  checksum: 10/cc1fdfe4dc6f4c058c518b59f13b7badd0de92e04e143aec6787be3a8807364d545dcb26172dd005e0d6865b06614b963385f0863a3e2a04d234bd6d33474942
   languageName: node
   linkType: hard
 
@@ -26581,7 +26581,7 @@ __metadata:
     "@metamask/polling-controller": "npm:^11.0.0"
     "@metamask/post-message-stream": "npm:^8.0.0"
     "@metamask/ppom-validator": "npm:0.35.1"
-    "@metamask/preferences-controller": "npm:^13.0.2"
+    "@metamask/preferences-controller": "npm:^14.0.0"
     "@metamask/preinstalled-example-snap": "npm:^0.2.0"
     "@metamask/profile-sync-controller": "npm:^2.0.0"
     "@metamask/providers": "npm:^18.2.0"