HabitTrade denies doing regulated business in Hong Kong after SFC warning
HabitTrade denies doing regulated business in Hong Kong after SFC warning
Hong Kong’s 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 Kong’s virtual asset rules have become.