Answer: Docker Desktop requires a newer WSL kernel version

NirmalSankalana - Aug 25 '23 - - Dev Community
  1. Access the Control Panel on your Windows computer.
  2. Navigate to the "Programs" section and proceed to "Turn Windows features on or off."
  3. Mark the checkboxes corresponding to Windows Subsystem For Linux, Windows Hypervisor Platform and Virtual Machine Platform. After that, click the "OK" button.
  4. Launch PowerShell with Administrator…
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