; and (ii) in machine-readable format, if applicable. (3) Sources of information In preparing the report required by paragraph (1), the President may utilize any credible publication, database, or web-based resource, and any credible information compiled by any government agency, nongovernmental organization, or other entity that is made available to the President. (h) Briefing Not later than 2 years after the date of the enactment of this Act, the Secretary of the Treasury shall brief the appropriate congressional committees on the implementation of the strategy required by subsection (g)(1). 305. Sanctions compliance responsibilities of payment stablecoin issuers Not later than 120 days after the date of the enactment of this Act, the Secretary of the Treasury shall adopt guidance clarifying the sanctions compliance responsibilities and liability of an issuer of a payment stablecoin with respect to downstream transactions relating to the stablecoin that take place after the stablecoin is first provided to a customer of the issuer. 306. Crypto asset mixers and tumblers (a) In general Not later than 1 year after the date of enactment of this Act, the Director of the Financial Crimes Enforcement Network of the Department of the Treasury 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 that analyzes the following issues: (1) Current (as of the date on which the report is submitted) typologies of crypto asset mixers and tumblers and historical transaction volume. (2) Estimates of the percentage of transactions relating to mixers and tumblers which are used by actors engaged in illicit finance. (3) An assessment of potential non-illicit uses of mixers and tumblers described in paragraph (1). (4) Analysis of regulatory approaches employed by other jurisdictions relating to mixers and tumblers. (5) Recommendations for legislation or regulation relating to mixers and tumblers. 307. Financial Crimes