Is dYdX allowed in Singapore?

Could you kindly enlighten me on the legality of dYdX in Singapore? I've been hearing quite a buzz about this cryptocurrency platform but I'm not entirely sure if it's permitted in our country. Would it be possible for you to clarify if Singaporean citizens can freely use dYdX without violating any laws? Additionally, could you also provide some insight into the regulations surrounding cryptocurrencies in Singapore, so I can have a better understanding of the legal framework? Thank you for your assistance in this matter.