An attempt at classifying decentralized, open-source protocols as regulated exchanges is a "gussied up ban on blockchain in the U.S.," ConsenSys lawyer Bill Hughes writes.

Featured Story: An opinion piece by Bill Hughes, titled: “SEC’s DeFi Rulemaking Do-Over May Be Unconstitutional”

This episode was hosted by Adam B. Levine. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.