*Digital Rule of Law*, an academic journal sponsored by the Supreme People's Court, published an article titled *Commercial Law Reform for Digital Transactions, Electronic Currency and Virtual Property*. The article points out that the amendment to the Uniform Commercial Code, jointly revised by the Uniform Law Commission and the American Law Institute, was officially adopted in 2022 and has since been widely embraced by legislative bodies across U.S. states. The amendment recognizes diverse transaction methods including electronic forms, clarifies the relationship between tangible currency, central bank digital currencies (CBDCs) and other virtual currencies, establishes a new property category named 'controllable electronic records', and defines the rules for the control and circulation of such properties. China's civil and commercial norms should also advance in tandem with the development of digital transactions, electronic currency and virtual property, and carry out practice-oriented legal improvements to boost economic and technological development and gain an edge in international institutional competition.