ANSI color sequence doesn't work in Windows' cmd.exe

[mzji]

As in the image:

...and there is no "no-color" option.

Env: Win 10 64-bit 22H2

[volkmnv]

Doesn't work in PowerShell either, but there is --color=false.

[mzji]

Doesn't work in PowerShell either, but there is --color=false.

Good to know, however help message says nothing about this.
Since cmd supports ANSI escape sequences, maybe we can fix that?