error: failed to download `crateName version`

Issue

Following PDK documentation to set up the development environment and trying to compile custom policy with make build command facing error similar to below:

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error: failed to download `base64ct v1.8.0` Caused by: unable to get packages from source Caused by: failed to parse manifest at `/Users/***/.cargo/registry/src/index.crates.io-6f17d22bba15001f/base64ct-1.8.0/Cargo.toml` Caused by: feature `edition2024` is required The package requires the Cargo feature called `edition2024`, but that feature is not stabilized in this version of Cargo (1.83.0 (5ffbef321 2024-10-29)). Consider trying a newer version of Cargo (this may require the nightly release). See https://doc.rust-lang.org/nightly/cargo/reference/unstable.html#edition-2024 for more information

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Cause

 When compiling your policy the first time, Rust fetches the latest version dependencies which may not supported by PDK