The Abu Dhabi Agriculture and Food Safety Authority in the UAE has issued a new advisory prohibiting the use of farms for cryptocurrency mining. The advisory explicitly states that farms cannot be repurposed for cryptocurrency mining, which authorities consider a “misuse of the farm for purposes other than its intended use. Farmers caught engaging in […]
Abu Dhabi Regulator Prohibits Cryptocurrency Mining on Farms, Threatens Fines Up to $2,700
By CoinSurges
Related Posts
Ethereum Outflows On Derivative Exchanges Hit Record Lows: What It Means for ETH
Ethereum has continued to face headwinds, mirroring the broader downward trend in the global cryptocurrency market The persistent market slump has made it challenging for ETH to sustain upward
Bipartisan Resolution Calls for Clear US Rules on Crypto and Blockchain
Lawmakers are pushing for a clear regulatory framework on blockchain and digital assets, warning that without action, the US risks losing innovation to global competitors US Lawmakers Introduce
Bitcoin Coinbase Flow Pulse Shows Bullish Trend As Institutional Interest Surges – Details
Bitcoin has been struggling to reclaim the $100K mark but remains resilient above the $96K level after a sharp market-wide selloff Sunday night and early Monday saw a capitulation event, primarily
Why The Bitcoin Dominance Reaching 71% Is Important For Altcoin Season To Begin
Bitcoin continued dominance has remained a defining feature of the current market cycle, with the leading crypto asset receiving most of the inflows into the market At the time of writing,
FDIC Releases 175 Crypto Banking Docs, Signaling Regulatory Overhaul
The FDIC’s release of 175 documents marks a major shift toward transparency, signaling new opportunities for banks to engage in crypto as regulators reassess outdated policies Regulators vs Crypto:
Winklevoss-owned Gemini considering going public as regulatory tides shift
Gemini is exploring a potential initial public offering (IPO) as soon as this year, Bloomberg News reported, citing people familiar with the matter Sources told the newswire that the exchange is