SQLCLR : Create Assembly fails

While deploying SQLCLR Assembly to SQL Server 2016 ¬†or later, CREATE ASSEMBLY fails with the following error Creating [Assembly name]… Msg 10343, Level 14, State 1, Line 65 CREATE or ALTER ASSEMBLY for assembly ‘Assembly name’ with the SAFE or EXTERNAL_ACCESS option failed because the ‘clr strict security’ option of sp_configure is set to 1. […]