Genshin Impact Game Developer Will be Banned From Selling Lootboxes to Teens Under 16 Without Parental Consent, Pay a $20 Million Fine to Settle FTC Charges

Excerpt:  “The maker of the video game Genshin Impact has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent to settle Federal Trade Commission allegations the company violated a children’s privacy law and deceived children and other users about the real costs of in-game transactions and odds of obtaining rare prizes.”