I found the reason why I thought I had the current Dokany version. This link contains as outdated Dokany version: https://community.cryptomator.org/t/1-5-15-1-5-16-cannot-mount-vault-mount-timed-out/7981
I did find and installed v1.5.0.3000 and Cryptomater is now working as expected. Still, if there is a newer version, please let me know.
Thank you…