Not necessarily so. I actually would like to write a long post about BIS projects since there are many of them and the most recent one mBridge actually tries to collaborate with e-CNY.

So eventually while it may not lead to total surveillance if people in liberal democracies will try to actively resist, it may definitely harm people such countries like China plus help governments in conducting coordinate devaluation and inflation, i.e.robbing people.

They will likely actively fight Bitcoin while doing this.