docker is not working with Artifactory registry after docker update

Issue

After updating docker from docker-1.12.6-16.el7.x86_64 to docker-1.12.6-68.gitec8512b.el7.x86_64 (RHEL 7.3 -> 7.4 update) any attempt to pull Artifactory repository example.com/reponame/ fail with error:

Trying to pull repository example.com/reponame/rhel7 ... 
Pulling repository example.com/reponame/rhel7
Error: Status 400 trying to pull repository reponame/rhel7: "{\n  \"errors\" : [ {\n    \"status\" : 400,\n    \"message\" : \"Unsupported docker v1 repository request for 'docker'\"\n  } ]\n}"