Korean Single-Stock Leveraged ETF Trading Cools Sharply: Daily Turnover Plunges Below 10 Trillion Won Ahead of New Regulations

Trading in South Korea's single-stock leveraged and inverse ETFs, focused on Samsung and SK Hynix, cooled sharply on July 27. Daily turnover plunged below 10 trillion won to 7.46 trillion, down 27% from the previous day. The decline is largely attributed to upcoming regulatory changes effective July 31, which raise margin requirements and aim to curb short-term speculation.

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US CLARITY Act Vote Looms: The 60-Vote Hurdle and Its Impact on Crypto Regulation

US Senate Republicans aim to advance the CLARITY Act this week before the August recess. The bill faces a critical 60-vote threshold to proceed, with bipartisan support still uncertain. Key concerns involve ethics and financial oversight provisions. Meanwhile, SEC Commissioner Hester Peirce warns that on-chain financial products are not automatically exempt from securities laws.

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