Da Vinci Resolve crashes on Startup

Da Vinci resolve 19.0, 19.1.4 and 20 Beta 3 are all crashing/hanging on the project selection screen.
I already deinstalled all VST Plugins, removed the Da Vinci User Folder, update the Nvidia Driver (Studio) to latest version. Nothing helped.

I exported the logs:
[LINK REMOVED - no longer needed since issue was fixed]

The Exported logs were showing:

Code: Select all

[0x00003d44] | Main                 | INFO  | 2025-05-10 12:46:44,458 | Launching main loop
Fatal Python error: Failed to import encodings module
Python runtime state: core initialized
ModuleNotFoundError: No module named 'encodings'

Current thread 0x00004ffc (most recent call first):
  <no Python frame>
[0x00004d68] | UI.Scopes            | INFO  | 2025-05-10 12:46:44,528 | GPU Scopes thread done.


I reinstalled Python, and now it works again!