To protect farming and natural resources, Abu Dhabi’s food and agriculture agency, ADAFSA, prohibits digital currency creation on agricultural properties. Infractions will result in significant financial penalties of AED 100,000 and farm services being cut off.
The Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) is reinforcing its prohibition against creating digital currencies on farms, in a move to guarantee the lasting health of its agricultural lands. This renewed commitment emphasizes that farms should only be used for growing crops and raising animals, as permitted by economic usage guidelines. You can read more about ADAFSA’s ban here.
Spot checks revealed that some farms were using valuable agricultural space for creating cryptocurrency, a clear breach of the rules intended to keep farmland available for its vital purpose. ADAFSA views these activities as harmful to the fundamental goals of agriculture.
Consequently, ADAFSA has declared its intention to act firmly against farms not following the rules to maintain its policies. Heavy penalties await those who violate the rules, with fines reaching AED 100,000. Repeat offenders will see this amount doubled, as well as losing access to all farm support programmes.
Additional enforcement includes cutting off electricity supplies and taking possession of all mining equipment, which will then be handed over to the appropriate authorities for further legal proceedings. These measures will ensure adherence to agricultural regulations.
ADAFSA urges all farm owners and workers to stick to approved farming methods to ensure they can continue accessing vital support programmes. These measures are being diligently enforced to safeguard Abu Dhabi’s agricultural future and prevent activities that could threaten its environmental and economic wellbeing.
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