Senator Josh Hawley is set to introduce a bill in the USA which intends on banning or at least regulating the sale of lootboxes within video games to under 18s. The official title of the bill is the "Protecting Children from Abusive Games Act".
This is the first regualtion of this type that has even been suggested in the USA, and in his statement Hawley stressed how microtransactions have siphoned the attention of children from the real world and developing dangerous habits.
“When a game is designed for kids, game developers shouldn’t be allowed to monetize addiction,” Hawley said. “And when kids play games designed for adults, they should be walled off from compulsive microtransactions. Game developers who knowingly exploit children should face legal consequences.”
Personally I hope some form of legislation goes through, and fast. MTX are already dangerous to adults let alone minors. If something like this was to go through, it would mean developers would have SERIOUSLY change their ways, and develop some player friendly models over pleasing their shareholders.