Peter Van Valkenburgh, head of research at Coin Center, expects a clearer regulatory framework for centralized markets and stablecoin issuers to emerge. This optimism stems from the new government's likely focus on promoting innovation in the traditional financial applications of cryptocurrencies. At the same time, simplified investor protection and regulatory transparency could boost the cryptocurrency industry. However, he stressed the need for vigilance to ensure that these measures do not inadvertently stifle the rights of developers and users in decentralized systems.