Is bitcoin legal in Thailand?

As a cryptocurrency enthusiast, I'm often asked about the legality of digital currencies in different regions. One common query I receive is: "Is bitcoin legal in Thailand?" This question arises due to the fluctuating regulatory landscape surrounding cryptocurrencies globally. Thailand, specifically, has taken a measured approach towards digital currencies, balancing the need for innovation and financial inclusion with the requirements for consumer protection and anti-money laundering measures. The country's legal framework has evolved over time, with regulators issuing guidance and licenses for cryptocurrency businesses. However, the question still remains: does Thailand officially recognize bitcoin and other digital currencies as legal tender? Let's delve into the nuances of Thailand's cryptocurrency regulations.