Commerce Ministry officials fear that continued currency strength could hinder Thai exports.
Bitcoin topped $19,000 before the end of 2017, and so far in the early days of 2018 is trading in the $15,000 to $16,000 range
But the real stimulus behind cryptocurrency trading, which is measured by volumes, originates in the East according to a Wall Street Journal report
Although the BOT has continually amended the regulations, certain rules are still not in line with the changing economic and financial environment.
The Thai baht is one of the best-performing currencies in the region this year, rising about 5% against the dollar.
Ever since Donald Trump was elected as the newest President of the USA, many Asian currencies have experienced a boost, including the Thai baht