; and (2) handling, using, or transacting business with digital assets that have been anonymized by the technologies described in paragraph (1). 4. Examination and review process (a) Treasury Not later than 2 years after the date of enactment of this Act, the Secretary of the Treasury, in consultation with the Conference of State Bank Supervisors, shall establish a risk-focused examination and review process for digital assets participants designated as financial institutions and money services businesses to assess— (1) the adequacy of antimoney-laundering and countering-the-financing-of-terrorism programs and reporting obligations under subsections (g) and (h) of section 5318 of title 31, United States Code; and (2) compliance with antimoney laundering and countering-the-financing-of-terrorism requirements under subchapter II of chapter 53 of title 31, United States Code. (b) SEC Not later than 2 years after the date of enactment of this Act, the Securities and Exchange Commission, in consultation with the Secretary of the Treasury, shall establish a dedicated risk-focused examination and review process for entities regulated by the Commission to assess— (1) the adequacy of antimoney laundering and countering-the-financing-of-terrorism programs and reporting obligations under subsections (g) and (h) of section 5318 of title 31, United States Code; and (2) compliance with antimoney laundering and countering-the-financing-of-terrorism requirements under subchapter II of chapter 53 of title 31, United States Code. (c) CFTC Not later than 2 years after the date of enactment of this Act, the Commodity Futures Trading Commission, in consultation with the Secretary of the Treasury, shall establish a dedicated risk-focused examination and review process for entities regulated by the Commission to assess— (1) the adequacy of antimoney laundering and countering-the-financing-of-terrorism programs and reporting obligations under subsections (g) and (h) of section 5318 of title 31, United States Code