2 hours ago
Abu Dhabi agricultural regulator bans use of farmland for crypto mining
The regulator stated that farmland must be used only for agricultural purposes to qualify for government services, subsidies, and utilities.
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA), the agricultural regulator for the emirate of Abu Dhabi, United Arab Emirates (UAE), announced a ban on using agricultural land for crypto mining.
Violators will face a 100,000 AED fine ($27,229), and the ADAFSA will suspend municipal services, confiscate mining hardware, and disconnect the farmland from the electrical grid, according to Tuesday’s announcement.
ADAFSA said that using farmland for crypto mining conflicts with “sustainability” policies in the region and undermines existing land use provisions.
Source: Cointelegraph →Related News
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