CPU - Core i5 3570 @ 3.40 GHz
Motherboard - Gigabyte B75M D3H
Ram - Corsair Vengeance 8GB DDR3 @ 1600Mhz
128 GB SSD 1 TB Seagate HDD
GPU - Asus Strix RX 470
PSU - Corsair VS 650
OS - Windows 10 Pro 64 Bit
I contacted Adobe and they said that I should use the latest version or roll back to legacy driver. I updated Premiere Pro to 2017 and the issue was fixed.
But yet I think that AMD should patch this on their end anyway.