The Supreme People's Court has emphasized the necessity for China to reform its commercial laws to accommodate digital transactions, electronic currency, and virtual property. An article published in the court's affiliated journal, *Digital Rule of Law*, discusses the recent amendments to the Uniform Commercial Code in the United States, which were adopted in 2022. These amendments address electronic transaction methods, clarify the status of digital currencies, and introduce the concept of 'controllable electronic records.' The article suggests that China's legal framework should evolve to support the growth of digital transactions and virtual currencies, aligning with international standards to foster economic and technological advancement. This adaptation is seen as crucial for maintaining competitive advantage in global institutional arenas.