China officially launces it's Central Bank Digital Currency; the E-Yuan.
https://watcher.guru/news/currency-e-yuan-is-here-how-chinas-cbdc-could-destroy-the-dollar
At least China's transparent about its Government Surveilance. We dress ours up as 'Security'.
How will the US, and ourselves, react? Cash use, in this country, gradually increased; these past few years. Post-Lockdown angst fuels this shift. But, as we all know by now, Government will do the opposite to what the people want.
Disclaimer: The News Source doesn't reflect my personal views a hundrd percent. They have their own methodology, I have mine.