The government looks set to introduce a law to ban cryptocurrencies. The Central Bank Reserve Bank of India seems to be on the same page. Just this week RBI governor Shaktikanta Das said he sees \"major concerns\" around cryptocurrencies. Given a huge number of investors in India are invested in Bitcoins and the likes, what will happen to their money? A transition period of 90 days or so is likely, says Jaideep Reddy, Technology Lawyer, Nishith Desai and Associates. Listen in.Also Read: Should you invest in Bitcoins? Bill Gates says yes but only if you are Elon Musk

Microsoft CEO Bill Gates has said that Bitcoins are not for him because he has less money than Tesla CEO Elon Musk.

\"Only the sovereign has the right to create currency in the world. Tomorrow people will produce 5 lakh bitcoins, which currency will go? Something which fluctuates 5-10% a day, can it be considered as currency,\" says Jhunjhunwala

Musk on Monday on Twitter wrote \"Dojo 4 Doge\", in support of the meme-based cryptocurrency. Following the tweet, Dogecoin jumped from $ 0.0544 to $0.0597.

The government should take notice and hold discussions with the crypto industry of India before moving ahead with regulations for this sector

Bitcoin got another leg-up on Friday after billionaire Elon Musk defended the investment by his electric vehicle company Tesla in the popular cryptocurrency; Facebook Inc's WhatsApp said on Thursday it will go ahead with its controversial privacy policy update but will allow users to read it at 'their own pace' and will also display a banner providing additional information; The Reserve Bank of India (RBI) has toughened digital payment security norms to improve security, control, and compliance for banks and other regulated entities. Watch this and more on News Blast.Also Read: Bitcoin surges to all-time high of $56,620, ether rallies to fresh peak

The world's most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year

Musk, who never minces his words on social media, has been vocal about his passion for Bitcoin cryptocurrency.

Bitcoin at new high of $53,263 after Elon Musk defends Tesla's investment Bitcoin got another leg-up on Friday after billionaire Elon Musk defended the investment by his electric vehicle company Tesla in the popular cryptocurrency. After Musk's tweet, where he called Bitcoin \"simply a less dumb form of liquidity than cash\", the digital currency raced to a new high of $53,263. WhatsApp to move ahead with privacy update despite backlash Facebook Inc's WhatsApp said on Thursday it will g...

After Musk's endorsement, Bitcoin surged to its new record high of $53,263 at 9:55 am on Friday in New York. The cryprocurrency has risen 10 per cent just this week

Bitcoin breached $50,000 mark for the first time on Tuesday, mainly due to increasing interest and participation from institutional investors

Bitcoin breached $50,000 mark for the first time on Tuesday, mainly due to increasing interest and participation from institutional investors

Microsoft co-founder Bill gates during the podcast also said that underestimating Musk is not a good idea and said that firms like Tesla have made great strides on the \"easy stuff,\" like passenger cars.

Stock Market News Updates Today: Nestle India, Titan, RIL, ITC, HUL, HCL Tech, ONGC, HDFC, TCS, PowerGrid and ICICI Bank were among the top losers today. On the other hand, Bajaj Auto, SBI, Bajaj Finance and Reliance Industries were among the gainers

Tesla boss Elon Musk's Space X raised the funds at $419.99 a share

Tesla CEO Elon Musk has invited the Russian President for a discussion on the audio-only app, Clubhouse. Putin's spokesperson noted that the proposal is interesting but the Kremlin needs to first understand what is meant and what is proposed.

\"People still need basic shelter, certainly in developing countries\", says Bill Gates co-founder of Microsoft Corp

Prince Harry and American actress Meghan Markle married at Windsor Castle in May 2018. Their son Archie was born a year later

The Satish Dhawan nanosatellite will be launched on February 28 by the polar satellite launch vehicle (PSLV). SpaceKidz India has developed the nanosatellite

The contact was brief and the discussions did not advance to senior management level, the report added, citing people briefed on the matter