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Jurisdiction compliance matrix

Region-by-region regulatory posture for builders deciding where to launch markets or onboard regional channel partners. Read this before directing users from a new jurisdiction to the platform.

Not legal advice

This page summarises Satori's current internal compliance assessment for builder planning purposes. It is not legal advice and does not constitute a representation that Satori holds any licence in any listed jurisdiction. Engage qualified local counsel before making market-entry or partnership decisions.

Last reviewed: 2026-05-12

Jurisdiction matrix

Status labels reflect the current platform posture, not a legal determination. Blocked jurisdictions are geo-restricted at the edge; listings here are for builder transparency only.

Philippines

Restricted
Residents: register / view:
Yes
Residents: trade:
Yes (Tier 1+)
KYC ceiling:
Tier 2
Regulator(s):
PAGCOR, BSP, SEC-PH (no license held)

Japan

Under review
Residents: register / view:
Yes (view only pending review)
Residents: trade:
Suspended pending classification
KYC ceiling:
Tier 1 (view), Tier 2 (if trading re-enabled)
Regulator(s):
FSA (Financial Services Agency), METI

South Korea

Under review
Residents: register / view:
Yes (view only pending review)
Residents: trade:
Suspended pending legal review
KYC ceiling:
Tier 1 (view), Tier 2 (if trading re-enabled)
Regulator(s):
FSC (Financial Services Commission), FSS (no license held)

China (PRC)

Blocked
Residents: register / view:
No โ€” geo-restricted
Residents: trade:
No โ€” geo-restricted
KYC ceiling:
N/A
Regulator(s):
PBOC, CSRC, NFRA

Vietnam

Under review
Residents: register / view:
Yes (view only)
Residents: trade:
Suspended pending framework
KYC ceiling:
Tier 1 (view), Tier 2 (if trading re-enabled)
Regulator(s):
SBV (State Bank of Vietnam), Ministry of Finance

Indonesia

Blocked
Residents: register / view:
No โ€” geo-restricted
Residents: trade:
No โ€” geo-restricted
KYC ceiling:
N/A
Regulator(s):
Bappebti (Commodity Futures Trading Regulatory Agency), OJK (Financial Services Authority)

Singapore

Restricted
Residents: register / view:
Yes (Tier 1+, capped)
Residents: trade:
Yes (Tier 1+)
KYC ceiling:
Tier 1 (view + low-cap trade), Tier 2 (full limits)
Regulator(s):
MAS (Monetary Authority of Singapore) โ€” no license held

Thailand

Under review
Residents: register / view:
Yes (Tier 1+ pending review)
Residents: trade:
Yes (Tier 1+)
KYC ceiling:
Tier 1 (view), Tier 2 (trading)
Regulator(s):
SEC Thailand, BoT (Bank of Thailand) โ€” no license held

Taiwan

Restricted
Residents: register / view:
Yes (Tier 1+, view-only pending review)
Residents: trade:
Suspended pending classification
KYC ceiling:
Tier 1 (view), Tier 2 (if trading re-enabled)
Regulator(s):
FSC Taiwan (Financial Supervisory Commission) โ€” no license held

Notable requirements

Philippines

Restricted

Trading is currently permitted to Philippine residents on a provisional, unclassified basis only โ€” SatoriEx holds NO PAGCOR or BSP authorisation, and this status may change without notice. Listed regulators are the relevant authorities for eventual licensing. PAGCOR governs gaming-adjacent platforms; BSP oversees payment flows under the Virtual Asset Service Provider (VASP) framework (Circular 1108, 2021). The SEC-PH applies the Securities Regulation Code to tokenised instruments. Prediction contracts have not been formally classified by any of the three regulators as of this review.

Japan

Under review

The FSA has not issued guidance specifically classifying prediction market contracts as of this review. Such contracts may be analysed under the Financial Instruments and Exchange Act (FIEA) as derivatives, or under the Act on Specified Commercial Transactions. Gambling-adjacent framing is regulated under the Penal Code (articles 185โ€“187). If FIEA applies, ยง37 (้‡‘่žๅ•†ๅ“ๅ–ๅผ•ๆณ• ็ฌฌ37ๆก) would mandate Japanese-language risk disclosure for promotions directed at Japan residents โ€” classification pending. Satori has not received FSA guidance on prediction-market classification and trading is suspended for Japan residents pending that assessment.

South Korea

Under review

South Korea restricts access to unregistered foreign financial platforms under the Financial Investment Services and Capital Markets Act (FSCMA, ์ž๋ณธ์‹œ์žฅ๊ณผ ๊ธˆ์œตํˆฌ์ž์—…์— ๊ด€ํ•œ ๋ฒ•๋ฅ ). Korean Financial Services Commission (KFSC) has not classified prediction-market contracts. SatoriEx holds no license from FSC or FSS; trading is suspended for Korean residents pending counsel review and a defensible legal basis. View access remains available.

China (PRC)

Blocked

Prediction markets and most forms of online financial speculation by PRC residents are prohibited under the Regulations on the Prohibition of Gambling (ๅ›ฝๅŠก้™ขๅ…ณไบŽ็ฆๆญข่ตŒๅš็š„่ง„ๅฎš) and the Measures for the Administration of Internet Information Services. Crypto-related activity has been prohibited for financial institutions since the PBOC/CSRC joint notice (September 2021). PRC residents and Mainland China IP ranges are geo-blocked. This listing is for builder transparency; users from this jurisdiction cannot access the platform.

Vietnam

Under review

Vietnam's digital asset regulatory framework is under active development as of this review; the Ministry of Finance issued a proposal in 2024 for a Digital Asset Law expected to be enacted in 2025โ€“2026 (timeline subject to legislative process). The SBV has historically classified crypto payments as prohibited (Decree 80/2016). Prediction markets are not specifically addressed. Trading is suspended for Vietnam residents pending the new framework taking effect and Satori's assessment of it. View access remains available.

Indonesia

Blocked

Indonesian residents are geo-blocked at the network edge via the platform's country-code blocklist. Bappebti regulates crypto asset trading under Regulation 8/2021 and its successors; OJK assumed supervisory authority over crypto assets in 2023 under Law No. 4/2023. Prediction market contracts are not specifically classified under either framework. Listed for builder transparency; users from this jurisdiction cannot access the platform.

Singapore

Restricted

Singapore is a permissive jurisdiction for accredited fintech under MAS's Payment Services Act, but SatoriEx holds NO MAS payment-services or capital-markets license. Prediction-market contracts have not been formally classified by MAS as of this review. Access is currently available to Singapore residents on a provisional, unclassified basis; the platform monitors MAS guidance and reserves the right to suspend access. Builders directing Singapore users should expect access today but plan for licensure-driven changes (CMS, RMO, or DPT license potentially applicable).

Thailand

Under review

Thailand's SEC oversees digital asset services under the Royal Decree on Digital Asset Businesses (B.E. 2561 / 2018) and subsequent amendments. SatoriEx holds NO Thai SEC digital-asset license. Bank of Thailand has issued cautionary notices on digital-asset trading by foreign-licensed platforms. Prediction-market contracts are not specifically classified under the Decree as of this review. Builders directing Thai users should expect access today; the platform is monitoring SEC + BoT guidance and may suspend access if classified as an unlicensed digital-asset business.

Taiwan

Restricted

Taiwan's FSC has classified prediction-market-style platforms as gambling under the Criminal Code (Articles 266-270) in past enforcement actions against comparable platforms. The legal classification of prediction markets in Taiwan remains unsettled under existing law. SatoriEx holds NO Taiwan license; trading is suspended for Taiwan residents pending counsel review and a defensible legal basis. View access remains available. Builders should NOT direct Taiwanese users into trading flows.

Status definitions

OpenOpen โ€” residents can register and trade subject to KYC tier limits. No known prohibition on access.
RestrictedRestricted โ€” access permitted but subject to enhanced KYC requirements or product limitations. Trading may be available at lower daily limits.
BlockedBlocked โ€” jurisdiction is geo-restricted at the network edge. No access is possible. Listed here for builder transparency.
Under reviewUnder review โ€” internal compliance assessment is ongoing. Current posture is conservative (view-only or suspended).

Builder obligations

Builders directing traffic from any of the jurisdictions above to the platform take on the following obligations:

  1. Do not actively market to residents of Blocked jurisdictions. Do not attempt to circumvent geo-restrictions.
  2. For Under review jurisdictions, surface view-only access only. Do not deep-link users into trading flows.
  3. For Open jurisdictions, ensure your surface honours the platform's KYC tier ceiling for that region. Do not promise features unavailable at a user's tier.
  4. For any jurisdiction where local-language disclosure is required (notably Japan), ensure any promotion you publish in that language complies with local financial promotion rules. Satori does not indemnify builder promotions.
  5. Notify the Satori compliance team before launching a regional campaign in any jurisdiction not currently listed as Open.

How this page is updated

This matrix is reviewed quarterly or immediately following a material regulatory change in a listed jurisdiction. The Last reviewed date at the top of the page reflects the most recent internal compliance assessment. Builders relying on this page for commercial decisions should subscribe to the changelog and check for updates before each campaign launch.