On 10 June 2014, LACNIC announced that it had reached one /10 block of remaining addresses and IPv4 can now be considered exhausted in its service region. LACNIC will continue to distribute IPv4 addresses, but at a greatly reduced rate according to policies developed by the LACNIC community.
The remaining /10 block (4,194,302 addresses) will be split into two equal /11 blocks. Members can continue to request allocations from the first block between a /24 to a /22, with a six month limit between requests. Once these addresses are gone, the second /11 will be reserved for new entrants, who will be able to request a one-time allocation of a /24 to a /22. More details on this historic milestone for the LACNIC region and the global RIR system can be found here: