Bitcoin craze needs orderBitcoin mania, which has driven its price to a record high above 1.4 million baht, has sent signals to authorities as to whether they are ready to handle the rise of digital currency transactions. His bitcoin investment has caused many investors to believe the digital currency could become a mainstream class of asset. Previously, Paypal said it planned to launch an exchange and payment service with bitcoin and other digital currencies this year. In Thailand, bitcoin is not very popular -- just yet -- but the opaque crypto market has attracted more and more investors. However, the skyrocketing bitcoin price will fuel the greed of people who are looking for profit without sufficient knowledge and could easily become the victim of scams.

Source: Bangkok Post February 14, 2021 23:15 UTC