Error Code 190 while updating Creative Cloud Desktop

Just today, Creative Cloud desktop app is returning Error Code 190 as soon as it starts with a red exclamation mark alerting that an update has failed. As per the following https://helpx.adobe.com/download-install/apps/system-requirements/creative-cloud-desktop-app-system-requirements.html the desktop app requires “Windows 10 (64-bit) version 1903 and later.”

My computer runs Windows 10 Home 22H2, so it should be good.

I also checked and verified that Compatibility Mode is OFF for this app, as I have learned that it may cause some issues if activated.

How to get this issue resolved?