This is very badly implemented. I might be misunderstanding, but it looks like they’re not protecting children by removing far-right material or other assorted bullshit, they’re “protecting children” by collecting more personal data on all users (or viewers).

“We want you to protect children by forcing all users (and unregistered viewers) to give you their passports and bank details, and we want you to use their telephone and laptop cameras to record their faces. Store all the data wherever you like, and feel free to sell it on/use it however you like, we totally believe you won’t do anything shady or abusive for profit”