Is Coinbase regulated in Singapore?

Inquiring minds often want to know, is Coinbase, one of the leading cryptocurrency exchanges, regulated in Singapore? Given the dynamic and ever-evolving nature of cryptocurrency regulations worldwide, it's crucial to stay updated on such matters. Singapore, as a financial hub, has taken strides in fostering a robust yet responsible crypto environment. But does Coinbase fall under the regulatory umbrella of the Monetary Authority of Singapore (MAS)? This question demands clarity, as it relates to the security and legitimacy of digital asset transactions in the Lion City.