Latin America flies under the sanctions radar, but this region is more sanctioned by the world than North Korea or Iran. As of October 2021, 1990 sanctions have been imposed against designees in Latin America, with 95% of them imposed by the United States.

In the last two years, OFAC has issued ten sanctions advisories, whereas in the eight preceding years, it issued nine advisories. OFAC under the Biden Administration has maintained the tempo set in the Trump Administration’s last year, issuing four advisories in its first year alone. See all of the topics of sanctions advisories here.

Commerce announced that it will add four major cyber actors under its export controls list. Amongst those targeted is Israel’s NSO Group, which is responsible for creating and exporting the Pegasus military-grade spyware that has been used to spy on journalists, activists, and heads of governments from around the world. Commerce will also be designating Candiru, another Israel-based cyber firm; Positive Technologies, a Russia-based computer that was involved in the SolarWinds hack; and Computer Security Initiative Consultancy PTE. LTD, a Singapore-based cybersecurity consulting firm. The designation of the two Israeli entities signals that the United States will begin taking cyber offenses much more seriously, even if it disrupts its strategic security partnership with the Israeli government. 

In October 2021, the US Treasury's sanctions authority, the Office of Foreign Assets Control (OFAC), issued sanctions compliance guidance for the cryptocurrency industry. Castellum.AI has helped its users meet or exceed the specific steps mentioned in the guidance document recommendations since January 2021.