Is Binance legal in Singapore?

Could you please clarify for me, is Binance, the cryptocurrency exchange platform, considered legal and operating within the legal framework in Singapore? I've heard conflicting reports and am interested in understanding the official status of Binance in Singapore's regulatory environment. Could you provide some insight into this matter, perhaps explaining any relevant regulations or licenses that Binance may hold in Singapore? Thank you for your assistance in clarifying this question for me.