In this urgent 15-minute conversation, Stephan speaks with Ricki Allardice, one of the leaders of the Property Rights Defense Group, about South Africa’s Draft Capital Flow Management Regulations 2026 — the most serious threat to Bitcoin self-custody the country has seen.
Ricki breaks down exactly what the draft rules would do to private keys, self-custody, and everyday Bitcoiners, where the process stands right now, and what the community can still do before the 30 June 2026 public comment deadline.
Timestamps:
(00:00) - Overview of the Regulation Against Self Custody
(04:07) - Public Consultation Process
(05:49) - Can it be challenged?
(07:20) - It’s About Capital Controls
(08:02) - AML, Sanctions, FATF
(10:46) - What does it mean for Bitcoiners in South Africa?
(12:22) - Safety or Security concern here?
(14:22) - Call to Action and Support for Legal Defense
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