; and (C) evading requirements set forth in the Anti-Money Laundering Act of 2020 and the Bank Secrecy Act. (8) Global System for Mobiles triangulation, Wi-Fi triangulation, and GPS data provide substantially more accurate location information than IP addresses, but are individually susceptible to similar manipulation through device tampering, freely available downloadable software, and other obfuscation techniques. (9) Technology that combines enhanced data analytics with aggregated authentic sources of location data is widely used to effectively ensure compliance with United States sanctions, the Anti-Money Laundering Act of 2020, the Bank Secrecy Act, and other statutory and regulatory requirements. 2. Report on the threat of digital location obfuscation to national security and financial technology compliance obligations (a) Study The Secretary of the Treasury, acting through the Undersecretary of the Treasury for Terrorism and Financial Intelligence, and in consultation with technology experts, national security experts, and law enforcement, shall conduct a study to assess the following: (1) The role that location obfuscation techniques, including VPNs, proxy servers, GPS location manipulation applications, and device tampering plays in money laundering, sanctions evasion, and other forms of illicit finance. (2) The ease with which an illicit actor can manipulate and falsify location data relevant to compliance with sanctions, the Anti-Money Laundering Act of 2020, the Bank Secrecy Act, and any other statutory and regulatory obligation. (3) The degree to which a financial technology platform relies upon an IP address as the primary or sole indicator of the precise location of a user of the platform. (4) The ability of a financial technology platform to use multiple aggregated points of location data to indicate the precise location of a user of such platform if an illicit actor manipulates one or more of such data points. (b) Report Not later than 1 year after the date of the enactment of this Act, the