Coin

<ul class="news-points"> 
 <li>Chinese lawmaker Dong Jin advocates for clear regulations on smart contracts.</li> 
 <li>Jin stressed the essence of managing risks associated with technological progress.</li> 
 <li>The push for legislation aims to address uncertainties and promote healthy, high-quality growth in the digital economy.</li> 
</ul> 
During the Chinese National Two Sessions, Dong Jin, a key National People’s Congress representative, <a href="https://baijiahao.baidu.com/s?id=1793028148811124890&amp;wfr=spider&amp;for=pc" target="_blank" rel="nofollow">highlighted</a> the urgency of accelerating legislation for emerging technologies like blockchain.&nbsp; 
Speaking with journalists, Jin stressed the vital role of legislation in managing risks associated with technological progress to establish clear legal guidelines and create a favorable policy environment for businesses and individuals. According to him, this proactive approach aims to steer <a href="https://coinedition.com/chinese-buying-sparks-recent-bitcoin-rally-crypto-analyst-reports/">the digital economy</a> towards healthy and high-quality development. 
Moreover, Jin particularly emphasized the changing legal framework surrounding blockchain applications. He pointed out inconsistencies between current regulations and the evolving requirements of emerging technologies. 
Meanwhile, Jin outlined the potential applications of smart contracts, a hallmark feature of blockchain technology,…
The post <a href="https://coinedition.com/top-chinese-lawmaker-pushes-for-clear-rules-on-smart-contracts/">Top Chinese Lawmaker Pushes for Clear Rules on Smart Contracts</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Top Chinese Lawmaker Pushes for Clear Rules on Smart Contracts

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