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This is an unjustifiable attempt at centralisation and government control
PRETORIA – The think tank and advocacy group, Lex Libertas, has launched its new Stop Crypto Control campaign in opposition to the Draft Capital Flow Management Regulations, 2026, warning that the proposal would grant the Minister of Finance and National Treasury sweeping powers over the lawfully acquired crypto assets of citizens. This is, according to Lex Libertas, an unjustifiable attempt at centralisation and government control, which would be to the detriment of society at large.
The proposed regulations provide for broad executive discretion, undisclosed thresholds and measures that could compel people to dispose of their crypto assets. Lex Libertas warns that these provisions pose a serious threat to property rights and financial freedom.
Dr Ernst Roets, executive director of Lex Libertas, said lawfully acquired crypto assets are private property and should enjoy the same basic protection as other forms of property.
‘The state should not have the power to arbitrarily restrict, control or compel the sale of assets that people have acquired lawfully. This is not reasonable regulation. It is an unacceptable expansion of state power over private property and personal financial decisions,’ Roets said.
Lex Libertas will submit formal comments on the draft regulations. For this reason, the organisation has opened a public campaign and urges everyone concerned about property rights, financial freedom and growing state control to add their voices.
The Stop Crypto Control campaign can be supported here: https://2eupi6.share-eu1.hsforms.com/2qa9peSvOR0CMKvWaFkDHLQ.
The campaign forms part of Lex Libertas’ broader work to defend basic freedoms, property rights and decentralisation against the continued expansion of centralised government control.
Lex Libertas is a think tank and advocacy group working towards a viable political dispensation in South Africa, based on the principles of freedom, decentralisation and self-governance.
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