Does Coinbase use KYC?

Excuse me, I was wondering if you could clarify something for me. In the realm of cryptocurrency exchanges, security and compliance are paramount. I've heard a lot about Know Your Customer (KYC) procedures being implemented by various platforms to adhere to regulatory requirements. Could you please confirm if Coinbase, a prominent cryptocurrency exchange, utilizes KYC measures as part of their operations? It would be greatly appreciated if you could provide some insight into this matter.