Vertical lines external monitor with MacBook Pro M1

I bought Asus PA328CGV - it is 32" 2k screen with max refresh rate 165 Hz

cost me over £600.00

When connecting to MacBook Pro M1 - sooner or later I get persistent Vertical Lines - they only go away after I switch off the the screen completely, and wait for about 10 mins.

I did research, nothing I can find that could fix it permanently. Some says by changing Colour Mode you can fix it - indeed it helps reducing these lines, but that is not a fix, these lines will eventually come back and stay.

Here are screenshots, two with connected Macbook using USB-C, and another screenshot when I switched to PS5 which is via HDMI - you can see that the lines and picture from when Macbook was connected persistent and visible still, crazy!

I used different cables to connect my macbook - HDMI, DP, USB-C. All of them certified, either Belkin or from Lindy.com - same result

I honestly don't get it,

I also have Lenovo Win10 laptop - no issues with external screen, all works as expected.

And when I do play PS5 (with no prior connecting Macbook) I can play 6 hours straight, no issues.

Today I will receive my 3rd ASUS screen replacement, and I bet it will be the same issue. Since Asus no longer fixing issues, but just replacing Monitors without asking, I think I get nowhere without Apple Support.

If anyone found the fix please share...