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Kelp: rsETH Protocol Fully Restored – Deposits & Withdrawals Resumed on Mainnet and L2

Kelp announced on X platform that the rsETH protocol has been fully restored to normal operation. Relevant functions have been brought back online on the mainnet and all Layer 2 networks, with the overall system status returning to normal levels. The rsETH exchange rate was updated at 16:45 CET today, incorporating all staking reward yields accrued during the suspension period. Additionally, EIGEN rewards are now being distributed to rsETH holders, covering the entire suspension period.Furthermore, deposit and withdrawal functions have been reopened on the mainnet and Layer 2 networks, and the asset backing status for rsETH has been fully restored to 100%. The official statement emphasizes that rsETH is now fully collateralized on both the mainnet and L2 networks, and all operational processes have returned to normal.

UK FCA Releases Final Draft of Crypto Asset Framework: Custody Beyond 24 Hours and Automated Permissions to Be Regulated

Odaily News The UK Financial Conduct Authority (FCA) has released the final draft of its crypto asset framework. The new rules are scheduled to bring most crypto activities under the regulatory scope of the Financial Services and Markets Act by October 25, 2027. According to the proposal, any institution holding customer crypto assets for more than 24 hours or possessing the ability to revoke customer permissions will be considered a regulated custodian and must hold a full safeguarding license. Validators and node operators offering value-added functions such as staking rewards or reward reinvestment will lose their technical exemption. Furthermore, stablecoin issuers operating within the UK must control the entire lifecycle from issuance to redemption. Relevant institutions are required to submit authorization applications between September 30, 2026, and February 28, 2027.