Error connecting NodeJS and SQL Server - Could not connect (sequence)

I'm trying to create a connection with SQL Server and NodeJS as shown below (SQL Server installed locally -> localhost):

It's throwing the following error: ERROR: Failed to connect to MY_SERVER:1433 - Could not connect (sequence)

This didn't work either.

I thought it was a problem with the SQL Server installation, but via Python It works well on the same database. I'm using SQL Server 2019 and latest NodeJS version.

REFERENCE: https://learn.microsoft.com/en-us/sql/connect/node-js/step-3-proof-of-concept-connecting-to-sql-using-node-js?view=sql-server-ver15

How to fix this error?

var config = {  
    server: 'MY_SERVER', 
    authentication: {
        type: 'default',
        options: {
            userName: 'sa',
            password: 'admin'  
        }
    },
    options: {
        encrypt: false,  // I've already tried with "true" also.
        database: 'MyDataBase'
    }
};

var connection = new Connection(config);  
connection.on('connect', function(err) {  
    if (err) {
        console.log("Error: ", err.message);  
    } else {
        console.log("Connected");  
    }    
});

connection.connect();