Bitcoin continued to hover around $23,500-mark and Ethereum jumped near $1,650-level after rising 2 per cent in the last 24 hours.
The sources also said that the CBIC is currently preparing a draft on the applicability of GST on VDAs, and discussions on the same are at an early stage.
The probe by the SEC's enforcement unit predates the agency's investigation into an alleged insider trading scheme that was revealed last week, as per the report.
Celsius' assets shrank amid the extreme volatility, and its freezing of customer accounts was an attempt to stem losses and stabilize its business.
Celsius froze withdrawals last month, citing "extreme" market conditions, cutting off access to savings for individual investors and sending tremors through the crypto market.
New Jersey-based Celsius listed estimated assets and liabilities on a consolidated basis in the range of $1 billion to $10 billion.
Stablecoin TerraUSD has been hit by the turmoil and broke its peg to the US dollar, which led to it falling as low as 31 cents on Wednesday.
Stablecoins have a market cap of around $170 billion, making them a relatively small part of the overall cryptocurrency market, which is currently worth around $1.2 trillion.
Watch Sakshi Batra discuss with Vivek Gupta, EVP - Engineering, Coin DCX on how they ensure the stability and security of trading in virtual digital assets via their platform and how CoinDCX is now enabling newer cryto startups to set up similar platforms.
What are the challenges and concerns arising from emerging technologies? Watch Rajeev Chandrasekhar, Union Minister of State for Electronics & Information Technology in conversation with Sourav Maujumdar, Editor, Business Today at #BTcryptoconclave.
Is blockchain's transparency, a roadblock to growth? Rajkumar Nehru, ex-Director, HR, Schneider Electric India, explains.
An OLA #ElectricScooter caught fire, while it was parked on a street in Pune. The company said it is investigating the incident.
Why is the Crypto community moving abroad? Watch Kunal Nandwani, Co-founder, uTrade Solutions, take on this.
Is taxing crypto without a regulation bill in the Parliament confusing for the industry, Shiv Sena, MP, Priyanka Chaturvedi expresses her view on the issue in conversation with Exec Director, Business Today, Rahul Kanwal.
The governments approach towards crypto is a measured approach, , says BJP MP, Jayant Sinha in a conversation with Exec Director, Business Today, Rahul Kanwal.
Are there national security issues with the world of crypto? Leading lawyer NS Nappinai busts some crypto myths.
Will leaving cryptos unregulated lead to a major crisis? Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas explains.
What is the crypto & blockchain industry's view on the taxation of crypto assets? Co-Founder & CEO, CoinDCX, Sumit Gupta & Co-Founder, Neeraj Khandelwal explain.
Watch Sakshi Batra discuss the world of cryptos and NFTs with Nikhil Chinapa, Co-Founder, 0XDOTTV as he discusses what taxation on these new technologies could mean for technology enthusiasts and investors, why he believes it is leading to a brain drain and how should millennial investors view investing opportunities in NFTs and crypto assets.
Listen in to MP-Rajya Sabha, Deputy Leader- Shiv Sena, Priyanka Chaturvedi on what should crypto regulation aim for, the classification of crypto under GST law and much more....
Any decision on crypto must be taken after the widest consultation, says Ravi Shankar Prasad, MP, BJP and Former Minister of Law, Communications & IT at #BTCryptoConclave .





