At present, such a system exists in the ‘primary’ or IPO market. Sebi is exploring bringing the ‘fund-blocking mechanism’ to the secondary stock market. Known as ASBA or Application Supported by Blocked Amount, this method is mandatory for investing in initial public offerings (IPOs).
Permanent deletion of transactions can help make e-rupee anonymous: Shaktikanta Das
It can be noted that since the introduction of the CBDC in late 2022, there have been concerns about the privacy aspect, with some saying