; (7) how virtual currencies and their underlying technologies can be used to detect and deter these illicit activities; and (8) to what extent the immutable and traceable nature of virtual currencies can contribute to the tracking and prosecution of illicit funding. (d) Report to Congress Not later than 1 year after the date of enactment of this Act, the Comptroller General of the United States shall submit to the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives a report summarizing the results of the study required under subsection (c), together with any recommendations for legislative or regulatory action that would improve the efforts of Federal agencies to impede the use of virtual currencies and online marketplaces in facilitating human and drug trafficking. 310. Study and strategy on Chinese money laundering (a) Study The Secretary shall carry out a study on— (1) the extent and effect of illicit finance risk relating to the Government of the People’s Republic of China and Chinese firms; and (2) the ways in which the increasing amount of global trade and investment by the Government of the People’s Republic of China and Chinese firms expose the international financial system to increased risk relating to illicit finance. (b) Strategy To combat Chinese money laundering Upon the completion of the study required under subsection (a), the Secretary shall, in consultation with such other Federal departments and agencies as the Secretary determines appropriate, develop a strategy to combat Chinese money-laundering activities. (c) Report Not later than 1 year after the date of enactment of this Act, the Secretary shall submit to Congress a report containing— (1) all findings and determinations made in carrying out the study required under subsection (a)