HabitTrade denies doing regulated business in Hong Kong after SFC warning
Hong Kong‘s SFC flags HabitTrade in a warning on unlicensed virtual asset platforms, but the broker insists it hasn’t done regulated business or marketed services to Hong Kong investors and blames unauthorized third‑party promoters.Hong Kongs Securities and Futures Commission (SFC) has warned investors about unlicensed platforms and recent promotional activity referencing HabitTrade.In response, HabitTrade says it is a licensed Australian brokerage and “has not conducted any regulated business in Hong Kong,” nor marketed such services to the Hong Kong public.The firm blames third-party promoters for unauthorized content using its brand and says it may pursue legal action, underscoring how tight Hong Kongs virtual asset rules have become. HabitTrade has pushed back against an investor alert from Hong Kongs Securities and Futures Commission, saying it does not carry out regulated activities in the city and has not marketed its services to Hong Kong residents. In a statement posted on X, the brokerage said it “is a licensed Australian brokerage and compliant financial services platform” and that it “has not conducted any regulated business in Hong Kong, nor promoted or provided related services to the public in Hong Kong,” directly disputing any suggestion that it is operating there without authorization. The clarification comes after