Coinbase CEO: In a few years, it might actually be the banks pushing the U.S. to pass CLARITY 2.0 On September 20, 2026, Coinbase CEO Brian Armstrong (@brian_armstrong) mentioned in an interview with The Wolf Of All Streets (@scottmelker) that in a few years, it might actually be the banks advocating for the U.S. to pass 'CLARITY 2.0.' He agreed with former CFTC Chairman Chris Giancarlo's assessment that banks and traditional financial institutions need this legislation more than the crypto industry because they are more heavily regulated, slower to act, yet eager to enter the crypto asset custody market. Armstrong also noted that the failure of the current CLARITY to pass was related to lobbying by banks. Banks opposed Coinbase offering stablecoin rewards to customers. However, even after the bill failed, Coinbase can still continue providing rewards, which puts banks under even greater competitive pressure. Source: The Wolf Of All Streets