Abu Dhabi Raises Penalties to Dh100,000 for Farms Hosting Crypto Mining
- Abu Dhabi fines farms Dh100,000 for crypto mining misuse, warns repeat offenders face Dh200,000
- ADAFSA cracks down with service cuts, electricity disconnections, and mining equipment confiscations
- Crypto mining ban on farmland aims to protect food security, preserve resources, and ensure sustainability
Abu Dhabi’s Agriculture and Food Safety Authority (ADAFSA) announced a new enforcement regime that fines farms Dh100,000 if cryptocurrency mining is detected on agricultural land, doubling that amount for repeat offenders.
Violators will also lose access to government support, face power cuts, and see mining equipment confiscated. The crackdown comes after inspections found multiple farms misused for energy-intensive crypto operations.
Related: Abu Dhabi Now Accepts Stablecoin Payments for Court Fees
Ban confirmed: mining no longer tolerated on farmland
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Read The Full Article Abu Dhabi Raises Penalties to Dh100,000 for Farms Hosting Crypto Mining On Coin Edition.
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Abu Dhabi Raises Penalties to Dh100,000 for Farms Hosting Crypto Mining
- Abu Dhabi fines farms Dh100,000 for crypto mining misuse, warns repeat offenders face Dh200,000
- ADAFSA cracks down with service cuts, electricity disconnections, and mining equipment confiscations
- Crypto mining ban on farmland aims to protect food security, preserve resources, and ensure sustainability
Abu Dhabi’s Agriculture and Food Safety Authority (ADAFSA) announced a new enforcement regime that fines farms Dh100,000 if cryptocurrency mining is detected on agricultural land, doubling that amount for repeat offenders.
Violators will also lose access to government support, face power cuts, and see mining equipment confiscated. The crackdown comes after inspections found multiple farms misused for energy-intensive crypto operations.
Related: Abu Dhabi Now Accepts Stablecoin Payments for Court Fees
Ban confirmed: mining no longer tolerated on farmland
V…
Read The Full Article Abu Dhabi Raises Penalties to Dh100,000 for Farms Hosting Crypto Mining On Coin Edition.
Read More