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Hong Kong's Securities and Futures Commission Flags StableStock and HabitTrade

According to the Securities and Futures Commission, the notice prompted public responses from both firms, with StableStock geoblocking Hong Kong access and HabitTrade stating it does not offer regulated services or marketing to the Hong Kong public.

Fact Check
The core elements of the claim are well-supported. The SFC warning against both StableStock and HabitTrade on May 8, 2026 is confirmed by the crypto.news article, the SFC's own LinkedIn post, and multiple corroborating X posts. HabitTrade's denial of conducting regulated activities in Hong Kong and its attribution of any market presence to unauthorized third-party promoters is directly confirmed by the crypto.news article. However, the specific detail that StableStock responded by geoblocking Hong Kong access was not confirmed by any source retrieved in this run — no source explicitly mentions StableStock implementing a geoblock. This introduces some uncertainty about that particular sub-claim, lowering overall confidence slightly. The remainder of the claim is strongly supported by multiple independent sources including an official SFC channel.
Summary

Hong Kong's Securities and Futures Commission (SFC) has flagged StableStock and HabitTrade in a notice related to platform promotions and potential unlicensed virtual asset activity. In response, StableStock said it geoblocked Hong Kong user registration and trading and removed third-party promotional content. HabitTrade said it does not provide regulated services or marketing to the Hong Kong public. The case underscores continued regulatory scrutiny in Hong Kong over crypto-linked platforms and promotions that may reach local investors.

Terms & Concepts
  • Virtual asset activity: Activity involving crypto-related services or platforms, which may fall under regulatory oversight depending on the products offered and jurisdiction involved.
  • Regulated services: Financial or investment services that require authorization or licensing from a regulator before they can be offered to the public.
  • Geoblocked: Restricted access to a platform or service based on a user’s geographic location.