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New Mexico proposes $3.7bn fine for Meta and sweeping changes to its social platforms
(www.theguardian.com)
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They're requesting mostly wrong solutions for real problems.
Age verification doesn't address social media's problems, but does increase data collection and decrease privacy. Same for decrypting private messages.
A guardian account does seem reasonable.
They could also completely turn off user seach for minors, so they would have to add contacts by username or email, and couldn't reach or be reached easily by online strangers.
Minors could circumvent this if there's no age verification. But today's age verification methods are neither privacy-friendly nor hard to circumvent. Until they are, it's not worth requiring age verification.