IOS Simulator Unable to Sign In with Apple ID

I have XCode 12.5 and iPhone simulator with IOS 14.5. when I do Sign in with Apple ID and enter my email and password and click the "Continue" button the spinner just keeps spinning. This is a Known bug in IOS/Simulator, not related to my app code. Does anyone know how to fix it? I'm attaching a screenshot.

Solution

It finally works on the iOS 16 simulator and XCode 14 Beta 3.