QEMU works fine on Windows natively, and supports the "Windows Hypervisor Platform" as an accelerator ("-accel whpx" I think), same API that Hyper-V and WSL2 use. Where you might run into problems is the audio/video parts, not sure if QEMU can do audio on win32.

Edit: Thinking about it, I'm pretty sure QEMU comes with an SDL frontend by default, which should wrap at least audio output even on Windows.