[South Korean President: Stock Market Needs Time to Stabilize After Sharp Surge, Urges Regulators to Address Leveraged ETF Controversy] BlockBeats News, July 15 – South Korean President Lee Jae-myung stated that after a significant surge in the South Korean stock market over a short period, it will take time to regain stability. During a policy meeting with senior government officials in Seoul on Wednesday, Lee Jae-myung said: 'The domestic stock market in South Korea is currently quite unstable. Given the unprecedented sharp rise in the market over such a short period, it will require time and a certain degree of volatility to stabilize.' Lee Jae-myung acknowledged the recent controversy surrounding leveraged ETFs and urged the heads of the Financial Supervisory Service and the Korea Exchange to promptly address the related issues and formulate follow-up measures. Market participants anticipate that regulators will take action to mitigate the impact of such high-risk products on market stability, including potentially raising the minimum margin requirements for investing in leveraged ETFs. On Tuesday, South Korea's largest opposition party, the People Power Party, criticized the Lee Jae-myung administration for setting ambitious stock market goals while ignoring the accumulating risks of leverage, thereby encouraging excessive risk-taking behavior.