I was at the last step of going to \SteamLibrary\steamapps\common\Mount and Blade 2 Bannerlord\Bin\Wind64_Shipping_client. The "Bannerlord" launcher gave me the same error however launching "Bannerlord.Native" gave me the error "Mono exception occurred". Hopefully that is of some help to you. I do not understand what it means.
I did try launching through Taleworlds.MountandBlade.Launcher.Singleplayer.exe and it crashed. 2022-10-27_19.54.35_0160a40aded2e6e8e61a4c18daecab41. I can launch the multiplayer version fine. However it says I have the wrong version.
I believe this is my crash report. I didn't copy and paste it but I think it did that automatically. 2022-10-27_19.54.35_0160a40aded2e6e8e61a4c18daecab41.
I also want to clarify that before you replied I wanted to see if changing from 1.7 to 1.7.1 would fix the issue so all of this was tried on the 1.7.1 version of the game.