Jan 17, 2025 · 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 all

Jan 16, 2025 · Thanks to a settlement with the FTC, HoYoverse will no longer sell loot boxes to kids under 16 without their parents’ consent, and will make sure kids under 13 get the protection of the Children’s Online Privacy Protection Act. The company will also make clear how much each loot box costs in real money and what the odds are of getting each prize.

SINGAPORE, Jan 18, 2025 - Cognosphere, the distributor of Genshin Impact, has reached a settlement agreement with the United States Federal Trade Commission to strengthen and increase transparency around our parental consent and virtual currency practices. A statement from Cognosphere is below:

Jan 18, 2025 · 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...

Jan 17, 2025 · Consider today’s proposed settlement, filed by the Department of Justice on the FTC’s behalf, where the FTC claims the developer of videogame Genshin Impact enticed people to spend real money on the chance to win prized characters, but obscured the odds of winning and cost of playing.

Jan 23, 2025 · Introduced in the U.S. in 2020, Genshin Impact was one of the first Chinese video games to go viral in this country. The FTC alleged that the company collected children’s personal information ...

Today the Commission approves a complaint and settlement with Cognosphere, LLC, the developer and operator of the popular “Genshin Impact” video game.

Jan 17, 2025 · Genshin Impact publisher Cognosphere (which is also called Hoyoverse) is settling a United States Federal Trade Commission lawsuit over selling loot boxes to players under the age of 16.

Jan 17, 2025 · Genshin Impact publisher Cognosphere (another name for HoYoverse) has agreed to pay a $20 million fine and will block children under the age of 16 from making in-game purchases without parental...

Jan 17, 2025 · Genshin Impact developer Cognosphere (aka Hoyoverse) has agreed to a $20 million settlement with the U.S. Federal Trade Commission (FTC) over its gacha loot box monetization and is now banned...