The academic journal "Digital Rule of Law," under the Supreme People's Court, has published an article advocating for reforms in China's commercial law to accommodate digital transactions, electronic currencies, and virtual assets. The article highlights the 2022 amendments to the U.S. Uniform Commercial Code, which have been widely adopted by U.S. states. These amendments recognize diverse transaction methods, including electronic forms, and clarify the relationships between physical currency, central bank digital currencies, and other virtual currencies. They also introduce "controllable electronic records" as a new property type, defining rules for their control and transfer. The article suggests that China should similarly update its civil and commercial regulations to support the growth of digital transactions and virtual assets. Such legal enhancements are seen as essential for fostering economic and technological development and gaining a competitive edge in the international regulatory landscape.