Are Binance & Coinbase in compliance?

I'm curious about the regulatory compliance status of two major cryptocurrency exchanges, Binance and Coinbase. As they continue to grow in popularity and transaction volume, it's essential to ensure they're adhering to the laws and regulations in the various jurisdictions they operate in. Can you provide some insight into their compliance efforts and any potential regulatory issues they may be facing? It's important for investors and users to understand the legal framework these exchanges operate within.