Hoyoverse agrees to $20 million settlement with FTC over loot boxes

Genshin Impact publisher Hoyoverse has settled with the U.S. Federal Trade Commission (FTC) to pay a $20 million fine and implement a ban on selling loot boxes to teenagers under 16.

That’s according to a press release by the FTC, which said the publisher “has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent” as part of the settlement.  … [MORE]

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