UAE: Abu Dhabi imposes strict ban and steep fines on crypto mining on agricultural lands
UAE: Abu Dhabi imposes strict ban and steep fines on crypto mining on agricultural lands
Abu Dhabi has banned cryptocurrency mining on agricultural land, imposing fines of Dh100,000 for violations, doubling for repeat offenses. The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) will suspend services, disconnect electricity, and confiscate equipment from non-compliant farms. The crackdown aims to protect agricultural sustainability and biosecurity by ensuring farms are used only for approved agricultural and livestock activities.
Abu Dhabi has banned cryptocurrency mining on agricultural land, imposing fines of Dh100,000 for violations, doubling for repeat offenses. The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) will suspend services, disconnect electricity, and confiscate equipment from non-compliant farms. The crackdown aims to protect agricultural sustainability and biosecurity by ensuring farms are used only for approved agricultural and livestock activities.