[South Korea Pledges to Take Further Measures to Curb Leverage ETF Demand] BlockBeats News, July 28, South Korea's Financial Services Commission Chairman Lee Eog-weon stated that further measures will be considered to curb the demand for recently launched single-stock leveraged exchange-traded funds (ETFs). These products have previously been identified as one of the drivers exacerbating stock market volatility. Lee Eog-weon mentioned that he will evaluate the impact of a new policy, which raises the minimum cash margin required to invest in single-stock leveraged ETFs to 30 million won (approximately $20,400 USD). This policy will take effect this Friday. The South Korean government has moved up the implementation timeline for this margin requirement by several weeks in an effort to stabilize the market and protect investors. Lee Eog-weon stated: 'If the demand does not sufficiently cool down, we will also review and prepare additional measures in advance.' As one of the potential measures, he proposed implementing a total volume management policy, which would limit investors' allocation to such ETFs to no more than 20% of their total financial investment portfolio.