kristin smith goes through it with us.is bloomberg. ♪ caroline: let's talk about today's crypto report. wall street is expecting the crypto crash to get worse. bitcoin is likely to drop to $10,000 according to 60% of a mixture of wall street and retail investors who responded to the latest bloomberg survey. joining us to debate and also to talk about policymaking is kristin smith. kristin, i want to get your take first in or most take what you want to a certain degree of where next for prices, but as we see, this unarguable crypto winter upon us, is it now the time to be doubling down on policymaking, ensuring that perhaps the protections where -- where we get an intense bout of interest in this space again? kristin: i think you're absolutely right. there is a focus in washington on trying to figure out the right regulatory framework for cryptocurrencies. it is important to notice that there are policies and on ramps and off ramps regulated for monetary purposes. there are sanctions requirements, there are securities insta

kristin smith goes through it with us.omberg. ♪ and it's easier than ever to■ get your projects done right. inside, outside, big or small, angi helps you find the right so for whatever you need done. with angi, you can connect with and see ratings and reviews. just search or scroll to see upf on hundreds of projects. and when you book and pay throug you're covered by our happiness it's easy to make your home an a check out angi.com today. angi... and done. caroline: let's talk about is expecting the crypto crash to get worse. bitcoin is likely to drop to $10,000 according to 60% of a mixture of wall street and retail investors who responded to the latest bloomberg surveyao winter upon us, is it now the time to be doubling down on policymaking, ensuring that perhaps the protections where -- where we get an intense bout of interest in this space again? kristin: i think you're absolutely right. there is a focus in washington on trying to figure out the right regulatory framework for cryptocurrencies. it is important to notice

here is nbc bay area's kristin smith. >> reporter: it was a busy, sunny day on the streets in chinatown. at the chinese culture center , they were busy too. political leaders and organizations gathered to talk and share what they have learned in the work they have done with the discussion they call from community to congress to stop a aip hate roundtable. >> we wanted to showcase how we responded during this crisis, but also the work we have been building towards for decades. >> reporter: congresswoman grace ling was on hand and listened. >> san francisco, chinatown. to hear about some of the efforts they have been working and collaborating on within the asian community, but also with other communities. >> solving hate and -- it would be hard to see these efforts underway. >> i have been on the ground. for example, collecting data, where no one else is collecting. on the federal level, part of it requires data collection. >> since stop aai can appease hate. that is just the tip of the iceberg. >> reporter: just some of the information that was shared today. >> we are saying this is a pe

emily: that was kristin smith of the blockchain association earlier.g to the latest in the coinbase s.e.c. saga. the crypto platform is facing an sec looking into filings. what is the sec contending? >> the sec is trying to weigh in on one of the biggest issues facing the crypto industry. whether these exchanges like coinbase are -- if the tokens they are listing our securities and if the sec determines that they are, that potentially requires these firms to register as exchanges with the regulators. it could be a big deal. it comes at a time where a lot of these exchanges are arguing that they don't offer any securities that all of the tokens on their platforms are commodities. it's a hot debate right now. emily: why is it so confusing? why is it so hard to answer that question? is crypto a security? >> imagine how many renditions this argument has taken. and fts, or crypto itself. when i go back to what was said in a big tweet last year, this is when it started to get contagious between industry and the agencies. what ryan armstrong said was they ref

smith reporting for us tonight. back here in california, the murder trial of kristin smart begins tomorrow.6 disappearance rocked college campuses up and down the state smarts. cold case murder investigation was revived following a podcast that shed new light on her disappearance. 45 year-old paul flores has been considered a suspect in her killing, but prosecutors only arrested him and his father back in 2021. after the investigation was revived, opening statements are scheduled to begin tomorrow. and monterey county superior court in salinas. coming up next here at 8 o'clock, many americans struggling with their mental health every day. we're chatting with an expert. >> about the new national hotline intended to get those people, the services they need. >> welcome back. it is 8.30, on this sunday night. and earlier this weekend, a national mental health hotline went live. now those struggling can simply dial or text 9, 8, 8, for help. and that number immediately directs callers into emotional distress. experts like counselors and intervention personnel and they provide confidential and fr