PANews reported on November 20 that according to Bloomberg, Javier Millet, the candidate of the Argentine Liberal Progressive Party, defeated the current Minister of Economy Sergio Massa and won the presidential election on Sunday. Before the results were announced, Massa admitted his defeat in Buenos Aires and said he had called Millet to congratulate him on his victory. Millet will take office on December 10. The official election agency said that 87% of the votes had been counted, with Millet winning 56% and Massa winning 44%. It is reported that Millet's political propositions include dollarization, ending currency controls, closing the central bank, and drastically cutting state spending, while strongly supporting Bitcoin.