Central bank digital currencies are just fancy PR for holding your current account at the central bank rather than a commercial bank. Which then means you don’t

Central bank digital currencies are just fancy PR for holding your current account at the central bank rather than a commercial bank. Which then means you don’t really need deposit insurance since if you’re concerned you’d park your money at the central bank. Deposits in commercial banks can then be treated as bank risk capital - where the depositor always risks a loss.