Wu Blockchain reports that Coinbase CEO Brian Armstrong stated in an interview published on September 20, 2026, that banks might push for the passage of the "CLARITY 2.0" bill in the US within a few years. He agreed with former CFTC Chairman Chris Giancarlo that banks and traditional financial institutions need the bill more than the crypto industry because they face greater legal restrictions and are slower to act, yet still want to enter the crypto custody market. Armstrong also noted that bank lobbying led to the bill's failure, with banks opposing Coinbase's stablecoin rewards, while the failed bill would have allowed Coinbase to continue offering these rewards, putting greater competitive pressure on banks.