Facebook Inc. Chief Executive Mark Zuckerberg is slated to return to Capitol Hill this month to testify before a House panel about the company’s foray into cryptocurrency, just weeks after facing a chilly reception from lawmakers about his vision for internet regulation.

The House Financial Services Committee said Wednesday that Mr. Zuckerberg will be the sole witness at an Oct. 23 hearing that examines Facebook’s impact on the financial services and housing sectors.

Facebook in June revealed plans to launch a new cryptocurrency, known as libra, and digital wallet, called calibra, that could be used to pay for goods online and send money world-wide.

Since the project was announced, it has received a steady stream of criticism from lawmakers in the U.S. and other countries based on Facebook’s prior missteps in data privacy and skepticism that the company could prevent libra from being used to launder money. House Financial Services Committee Chairwoman Rep. Maxine Waters (D., Calif.), and other Democrats have called on Facebook to abandon plans to implement libra.

Mr. Zuckerberg has said Facebook wouldn’t move forward with the project in the U.S. until it had satisfied regulatory concerns. The company has touted the project as having the potential to help provide basic financial services to people who lack bank accounts.