Is SafePal made in China?

Could you elaborate on the origins of SafePal? Given the current landscape of cryptocurrency and finance, it's crucial to understand the provenance of products and platforms. Is SafePal indeed a product that hails from China? If so, what implications does this have for its users? Does it adhere to stringent Chinese regulations or has it managed to operate independently? Understanding its geographic origin and the associated regulatory framework is key to assessing its credibility and reliability in the crypto space.