This episode is sponsored by Nexo.ioArculus and FTX US.

Today, after months of speculation, President Biden signed and released his executive order on crypto. The contents of the order have been subject to significant debate, with some arguing that it would spell the beginning of the end for the U.S. crypto industry. So, were the doomsayers right? Tune in to today’s episode of “The Breakdown” to find out.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Ting Shen/Bloomberg via Getty Images, modified by CoinDesk. Join the discussion at