Does Coinbase have a license?

Could you elaborate on the licensing status of Coinbase? As a leading cryptocurrency exchange, it's crucial to understand whether they are operating within the legal framework of various jurisdictions. Do they possess the necessary licenses and regulatory approvals to conduct their business activities? This is especially relevant given the evolving nature of crypto regulations around the world. Clarifying their licensing status would provide crucial insights into the trustworthiness and compliance of the platform.