UAE Agriculture Department bans farmers from mining cryptocurrencies on farms
The Abu Dhabi Agriculture and Food Safety Authority in the United Arab Emirates has told farmers that their farms cannot be used as mining sites for cryptocurrencies. The government agency stated that this activity is considered "misusing farms for purposes beyond their intended use." Additionally, violators of this regulation will face a maximum penalty of 10,000 UAE dirhams (approximately $2,722).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
FBI warns Maryland residents of rising $54.5M crypto scam losses
Qubetics Presale Launching Soon: Harness Stability and a Transparent Fee Structure for a Smarter Digital Future
XRP Price Reaches $9,868 in Price Glitch
Banana Gun Pledges $3 Million Refund for Hacked Users, Implements New Security Protocols