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.

Drug maker Johnson & Johnson's single-shot COVID-19 vaccine is safe and effective as per the data submitted from its ongoing multi-national Phase 3 trials; Top banker Uday Kotak has welcomed the Centre's decision to lift the embargo on grant of government businesses to private banks; Amid recent surge in demand for cryptocurrencies, the Reserve Bank of India has raised concerns that the digital currency may impact financial stability in India. Watch this and more on News Blast.Also Read: RBI working on digital currency, wants to tap on blockchain technology: Das

Das says RBI does not want to be left behind in the technological revolution, and that the benefits of blockchain technology need to be capitalised on

Johnson & Johnson's single-dose COVID-19 vaccine effective, safe: FDA Drug maker Johnson & Johnson's single-shot COVID-19 vaccine is safe and effective as per the data submitted from its ongoing multi-national Phase 3 randomised, double-blind and placebo-controlled trials. This is what a  briefing document published by the US Food and Drug Administration (FDA) has said. Johnson & Johnson had sought emergency use authorisation for its vaccine on February 4. FDA's advisory co...

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What are the strategies to consider when investing in Bitcoin? Does SIP in Bitcoin make sense? There are now several options to invest in Bitcoin. But which is the safest and how can an investor build wealth? Vikram Rangala, Chief Marketing Officer, Zebpay has these tips on investing in one of the most lucrative yet volatile financial assets.Also Read: 'Bitcoin will touch $100,000 soon, it's not a bubble,' say cryptocurrency experts

While RBI will purchase four government securities using the multiple price auction method, it will sell two government securities.

The central government is in process of bringing legislation that would create the ground for the introduction of an official digital currency and prohibit private cryptocurrencies

\"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

Rakesh Jhunjhunwala said regulators should step in and ban Bitcoin and they should focus on the digital rupee

Tesla CEO, Elon Musk's recent tweets have fuelled the rally in Bitcoin, Dogecoin. While his tweets in support drive the prices of cryptocurrencies up, his recent remark on Twitter 'BTC & ETH do seem high' pulled the prices of these digiassets down. \"What Elon Musk tweets about, when he actually moves people to action, there's something more than just his opinion. He is pushing people to take interest in it. The $1.5 billion that Tesla invested in Bitcoin shows -- somebody who truly knows value and is able to see forward in time and able to spot good trend. It made a lot of people thing if he can do it, so can I. I am sure every corporate boardroom is talking Bitcoin, the same way in 1999 they were discussing the dotcom,\" says Vikram Rangala, Chief Marketing Officer, ZebPay. Watch as he speaks to Business Today's Avneet Kaur about what drives the Bitcoin price.Also Read: 'Bitcoin will touch $100,000 soon, it's not a bubble,' say cryptocurrency experts

Tesla recorded a sharp decline in its stock after Musk tweeted on Saturday last week saying Bitcoin and Ether prices \"do seem high\" .This also led to a major fall in world's biggest cryptocurrency Bitcoin's price

Netflix is rolling out a Downloads for You feature that will download shows based on users' preferences once they are connected to WiFi, and have selected storage from 1GB, 2GB, and 5GB.

Stock Market News Updates Today: Global equities were buoyed today as positive macroeconomic data flow and hopes of a COVID-19 vaccine boosted investor sentiment

Bitcoin's meteroic started with signs that it is gaining acceptance among mainstream investors and companies, from Tesla Inc and Mastercard Inc to BNY Mellon

The most popular cryptocurrency rallied over the weekend to record levels, almost doubling year-to-date. It hit a market capitalisation of $1 trillion on Friday

Bitcoin has emerged as the highest return generating asset after it scaled $58,000 milestone, appreciating 1,080% since its coronavirus lows

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.

Stock Market News Updates Today: M&M, Axis Bank, L&T, Maruti traded among the top losers on Sensex pack. Meanwhile, ONGC, HDFC, Tech Mahindra traded among the top gainers