Members of the U.S. House Committee on Financial Services considered testimony on the potential impact of Facebook's proposed cryptocurrency on consumers, investors and the global financial system.

A Facebook executive responded to regulatory concerns over the company's proposed blockchain-based cryptocurrency, "Libra."

The CFTC finished updating its data catalogue, completing the first of five steps under the agency's Data Protection Initiative.

The SEC and FINRA addressed issues concerning the application of customer protection, recordkeeping and reporting rules to digital asset securities and transactions.

House Financial Services Committee Chair Maxine Waters (D-CA) requested an immediate moratorium of Facebook's proposed blockchain-based cryptocurrency Libra and the digital wallet Calibra.

FDIC Chair Jelena McWilliams highlighted recent regulatory developments and additional work concerning resolution planning for large institutions in a cross-border context.

The Bank for International Settlements urged regulators to implement policies and regulations that address the emergence of "big tech" in financial markets.

The New York State legislature passed the "Stop Hacks and Improve Electronic Data Security Act" to enhance cybersecurity protections for New York residents by updating the state's existing data breach notification law.

IOSCO urged member jurisdictions to continue using internationally recognized "Core Standards" cyber regulation frameworks.

The CFTC Office of the Inspector General highlighted significant deficiencies in the agency's Data Governance Program and advised the CFTC to either update the existing Integrated Surveillance System platform or transfer to a better platform.