The point of this new digital USD is full control by a central authority. This new China CBDC adds new features to the currency, like an expiration date, and at the same time, all the data is available in real time to the central authority.
You are missing the point with the word "cryptocurrency". Cryptocurrency is the generalization of a single event, this is by definition an absurd terminology equivalent to mix Astrology with Astrophysics. Anyway the people using the word "Cryptocurrency" are following and trusting a leader in a centralized cult way. They mostly got rekt with this last price change.