Builders
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
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.
| Jurisdiction | Residents: register / view | Residents: trade | KYC ceiling | Regulator(s) | Status |
|---|---|---|---|---|---|
| Philippines | Yes | Yes (Tier 1+) | Tier 2 | PAGCOR, BSP, SEC-PH (no license held) | Restricted |
| Japan | Yes (view only pending review) | Suspended pending classification | Tier 1 (view), Tier 2 (if trading re-enabled) | FSA (Financial Services Agency), METI | Under review |
| South Korea | Yes (view only pending review) | Suspended pending legal review | Tier 1 (view), Tier 2 (if trading re-enabled) | FSC (Financial Services Commission), FSS (no license held) | Under review |
| China (PRC) | No โ geo-restricted | No โ geo-restricted | N/A | PBOC, CSRC, NFRA | Blocked |
| Vietnam | Yes (view only) | Suspended pending framework | Tier 1 (view), Tier 2 (if trading re-enabled) | SBV (State Bank of Vietnam), Ministry of Finance | Under review |
| Indonesia | No โ geo-restricted | No โ geo-restricted | N/A | Bappebti (Commodity Futures Trading Regulatory Agency), OJK (Financial Services Authority) | Blocked |
| Singapore | Yes (Tier 1+, capped) | Yes (Tier 1+) | Tier 1 (view + low-cap trade), Tier 2 (full limits) | MAS (Monetary Authority of Singapore) โ no license held | Restricted |
| Thailand | Yes (Tier 1+ pending review) | Yes (Tier 1+) | Tier 1 (view), Tier 2 (trading) | SEC Thailand, BoT (Bank of Thailand) โ no license held | Under review |
| Taiwan | Yes (Tier 1+, view-only pending review) | Suspended pending classification | Tier 1 (view), Tier 2 (if trading re-enabled) | FSC Taiwan (Financial Supervisory Commission) โ no license held | Restricted |
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
RestrictedTrading 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 reviewThe 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 185โ187). If FIEA applies, ยง37 (้่ๅๅๅๅผๆณ ็ฌฌ37ๆก) 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 reviewSouth Korea restricts access to unregistered foreign financial platforms under the Financial Investment Services and Capital Markets Act (FSCMA, ์๋ณธ์์ฅ๊ณผ ๊ธ์ตํฌ์์ ์ ๊ดํ ๋ฒ๋ฅ ). 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)
BlockedPrediction markets and most forms of online financial speculation by PRC residents are prohibited under the Regulations on the Prohibition of Gambling (ๅฝๅก้ขๅ ณไบ็ฆๆญข่ตๅ็่งๅฎ) 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 reviewVietnam'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 2025โ2026 (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
BlockedIndonesian 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
RestrictedSingapore 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 reviewThailand'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
RestrictedTaiwan'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
| Open | Open โ residents can register and trade subject to KYC tier limits. No known prohibition on access. |
| Restricted | Restricted โ access permitted but subject to enhanced KYC requirements or product limitations. Trading may be available at lower daily limits. |
| Blocked | Blocked โ jurisdiction is geo-restricted at the network edge. No access is possible. Listed here for builder transparency. |
| Under review | Under 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:
- Do not actively market to residents of Blocked jurisdictions. Do not attempt to circumvent geo-restrictions.
- For Under review jurisdictions, surface view-only access only. Do not deep-link users into trading flows.
- 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.
- 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.
- 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.