Grayscale files S-1 for Worldcoin ETF, ENS DAO approves Security Council, UK launches crypto banking inquiry, Pakistan starts crypto investigation unit, CoinShares launches European UCITS platform, and Bitcoin reserve strategy proposed.
Regulation & Gov ·
A cross-party UK parliamentary group launched an inquiry into banking obstacles facing crypto firms, examining why financial institutions restrict account access and crypto-related payments that research shows affect 40% of attempted transfers to exchanges. The inquiry will assess whether such barriers undermine the government's stated goal of positioning the UK as a leader in digital assets, examining practices by banks including HSBC, Nationwide, NatWest, Santander and Starling Bank. Separately, a proposed strategy suggests Bitcoin holdings could sustain 31 years of dividend payments, while Grayscale filed paperwork for a Worldcoin spot ETF, CoinShares launched a European institutional investment platform, and Pakistan established a dedicated unit to investigate cryptocurrency activity linked to money laundering.