The Supreme People's Court's official journal issues statement: Digital transactions, electronic currencies, and virtual property included in the core topics of the rule of law
ChainCatcher News, an authoritative journal overseen by China’s Supreme People’s Court, released its 6th issue of 2025 (total issue 18) of “Digital Legal Governance” recently. This issue focuses on digital transactions, electronic currencies, virtual assets, generative artificial intelligence, and data element governance. Several articles directly address the institutional foundations related to blockchain and crypto assets, sending a clear signal that the legal framework for digital assets is accelerating towards improvement.
In the “Overseas Observation” section, the articles systematically review the 2022 revision of the U.S. Uniform Commercial Code (UCC), emphasizing electronic contracting, electronic currencies, virtual property based on distributed ledgers, and the new form of property rights called “Controllable Electronic Records.” It is believed that the institutional design concerning virtual currency circulation, control, guarantees, and good-faith acquisition has significant reference value for China’s legislation on digital assets and blockchain. Additionally, multiple articles in this issue explore topics such as generative artificial intelligence training data, data portability rights, public data, autonomous driving and intelligent connected vehicles, and digital copyright protection. They emphasize that, against the backdrop of rapid technological evolution, institutional restructuring is needed to balance technological innovation, market efficiency, and rights protection.
Analysis indicates that “Digital Legal Governance,” as an important theoretical window within the Supreme Court system, focusing on digital transactions, electronic currencies, and virtual assets, shows that these topics have moved from academic frontiers into the core of judicial and institutional design. This provides important policy and theoretical references for the future improvement of rules related to blockchain, digital assets, and Web3.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The Supreme People's Court's official journal issues statement: Digital transactions, electronic currencies, and virtual property included in the core topics of the rule of law
ChainCatcher News, an authoritative journal overseen by China’s Supreme People’s Court, released its 6th issue of 2025 (total issue 18) of “Digital Legal Governance” recently. This issue focuses on digital transactions, electronic currencies, virtual assets, generative artificial intelligence, and data element governance. Several articles directly address the institutional foundations related to blockchain and crypto assets, sending a clear signal that the legal framework for digital assets is accelerating towards improvement.
In the “Overseas Observation” section, the articles systematically review the 2022 revision of the U.S. Uniform Commercial Code (UCC), emphasizing electronic contracting, electronic currencies, virtual property based on distributed ledgers, and the new form of property rights called “Controllable Electronic Records.” It is believed that the institutional design concerning virtual currency circulation, control, guarantees, and good-faith acquisition has significant reference value for China’s legislation on digital assets and blockchain. Additionally, multiple articles in this issue explore topics such as generative artificial intelligence training data, data portability rights, public data, autonomous driving and intelligent connected vehicles, and digital copyright protection. They emphasize that, against the backdrop of rapid technological evolution, institutional restructuring is needed to balance technological innovation, market efficiency, and rights protection.
Analysis indicates that “Digital Legal Governance,” as an important theoretical window within the Supreme Court system, focusing on digital transactions, electronic currencies, and virtual assets, shows that these topics have moved from academic frontiers into the core of judicial and institutional design. This provides important policy and theoretical references for the future improvement of rules related to blockchain, digital assets, and Web3.