Yes, you can! You can upload a local file with the following limits:
Clipping: Up to 10GB, with durations ranging from 2 minutes to 3 hours.
Captions: Up to 2GB, with durations ranging from 3 seconds to 15 minutes.
Dubbing: Up to 2GB, with durations ranging from 3 seconds to 10 minutes.
Reframing: Up to 2GB, with durations ranging from 3 seconds to 10 minutes.
Edit Video: Up to 2GB, with durations ranging from 1 minute to 10 minutes.