Genshin Impact publisher Hoyoverse has agreed to a settlement with the United States Federal Trade Commission where it agrees to pay a $20 million fine, and be banned from sellling lootboxes to teenagers under the age of 16.
In press release by the FTC, the agency announced that the makers of Genshin Impact "has agreed to pay $20 million and to block children under 16 from making in-game purchases without parental consent," as part of a settlement with the Federal Trade Commission.
The FTC Director of of the Bureau of Consumer Protection, Samuel Levine, says that Genshin Impact "deceived children, teens, and other players into spending hundreds of dollars on prizes they stood little chance of winning." Levine adds that companies that...