There's folks in this thread talking about why FaceID is lacking from this display given there is presumably just an iPhone 11 logic board in this display and I think they are missing the bigger picture here. I'm not certain FaceID will ever come to a non-iOS device, here's why...
With your iPhone/iPad - the OS knows you want to be authenticated because you pick up the device and the device uses that pickup/accelerometer to indicate when to trigger FaceID.
But on your laptop or Studio Display, they are stationary devices while in use. So what would macOS use to trigger when FaceID should be initiated? If the trigger event is you pushing a key on your keyboard, then how is that any better than you pushing the TouchID button?
EDIT: as a total aside, I still don't understand why my biometric is my "password". Shouldn't my biometric be my "username".