- China’s Supreme Court highlights blockchain, electronic currency, virtual assets.
- Journal suggests accelerating digital asset rule advancement.
- No direct market impact, but potential for future legal shifts.
The Supreme People’s Court of China has released the 2025 Issue 6 of ‘Digital Rule of Law,’ focusing on digital transactions, electronic currency, and blockchain legislation for future governance.
This publication highlights the increasing importance of digital asset legal frameworks, providing guidance for China’s potential advancements in managing blockchain and cryptocurrency technologies.
China’s Digital Legislative Push: Blockchain and Assets in Focus
The Supreme People’s Court of China published the sixth issue of “Digital Rule of Law” for 2025. This journal, organized by the People’s Court Press, emphasizes the importance of improving the rule of law concerning digital transactions and virtual assets. With a focus on digital asset governance, it reflects a growing need for developing a legal framework adaptable to blockchain technology and virtual assets.
China’s latest issue highlights accelerated efforts to enhance digital asset governance. By reviewing the U.S. Uniform Commercial Code and discussing topics like electronic contracting and controllable electronic records, the publication aims to shape China’s blockchain legislation reflecting global standards. This journal reinforces the judicial integration of new technological paradigms.
“In the future, the digital renminbi will have the functions of a currency’s value scale, value storage, and cross-border payment.” — Liu Lei, Deputy Governor, People’s Bank of China
Global Alignment and Future Implications for Blockchain Legislation
Did you know? The systematic review of the U.S. Uniform Commercial Code in the journal suggests that China’s digital asset legislation may increasingly align with international practices, emphasizing the global nature of blockchain governance.
According to CoinMarketCap, Bitcoin (BTC) has a current price of $87,532.04, with a market cap of $1.75 trillion and a fully diluted market cap approaching $1.84 trillion. Its 24-hour trading volume surged by 170.56% to $36.46 billion. Despite recent losses over multiple time frames, Bitcoin maintains its strong market dominance.
The Coincu research team highlights potential long-term effects, suggesting that China’s focus on digital rule of law could influence both local and global regulations. This shift may offer new opportunities for financial integrations and technological innovations within the blockchain and crypto asset sectors.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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