There are FIDO Alliance folks posting Github issues requesting to remove features such as plaintext exporting of credentials, with the explicit threat that the Alliance might block such "open" passkey providers in the future. A local database is not enough, it needs to be locked in a secure element or protected with some TPM-like scheme.
The spec allows for hardware attestation as well, to ensure passkeys are being provided from blessed computing environments. Hopefully implementers continue to ignore this anti-feature, because it's entirely stupid to lock out users who want to control their own security; at the same time, letting anyone with an Android phone restore passkeys from the cloud with one of their device PINs.