Can the government see my Coinbase transactions?

Hello, I'm curious about something related to cryptocurrency transactions on platforms like Coinbase. I understand that cryptocurrencies are decentralized, but given that Coinbase is a centralized exchange, does that mean the government can potentially see my transactions on the platform? I'm asking this because I want to ensure that my privacy is protected when it comes to my financial activities, but I also understand that regulations may vary depending on the country I'm in. Can you clarify if the government has access to my Coinbase transactions and what steps I can take to protect my privacy?