This will appear the next time that you attempt to launch the game.
At a glance it's mostly dealing with the changes to how purchased items can be gifted.
I ran a quick diff on the 2023 ToS and compared them with the ToS updated today. I highlighted all of the differences below:
Tap to expand differences
The warning about a buggy experience has been updated slightly:
Old:
Open Alpha isn’t for everyone. That’s why we have a 30-day test and refund policy (see below).
New:
Open Alpha isn’t for everyone. That’s why we offer the voluntary 30-day test and refund policy described in Section VI. Separate gifting and voluntary refund arrangements apply under Section VII.B. Your statutory rights are unaffected.
Old:
Virtual goods are game elements such as in-game currency (such as UEC), ships and vehicles, weapons, equipment, characters, can include attributes (such as “reputation” or “citizenship”), or entitlement items such as “ship insurance,” points, and credits (collectively, “Virtual Goods”). Virtual goods of a consumable, degradable, limited-use, or single-use nature (e.g. food, batteries, ammunition, wear and tear, etc.) are intended to disappear or be expended upon use. All Virtual Goods remain the property of RSI at all times and are subject to its reasonable rules and regulations as amended from time to time. You agree that regardless of the use of terms such as “buy”, ”sell”, “purchase”, “own”, you only acquire a limited license right (which is governed by the RSI Terms) to access and use Virtual Goods, and that Virtual Goods are not redeemable for any sum of money or monetary value from RSI at any time, (except as provided for in the RSI Terms). The foregoing applies also with respect to RSI’s permission to transfer such limited license in Virtual Goods to other users via “gifting.” In compliance with applicable FinCEN regulation, gifting is limited to a daily maximum of Virtual Goods up to a value of $1000 or less.
New:
[...] to other users via “gifting.” Gifting is subject to an aggregate daily limit of US$1,000, or the equivalent in another currency, and to the applicable gifting rules in Section VII.B.
Note, this is the Section VII B. that's referred to in the other changes.
Old:
B. Gifting
RSI permits certain Virtual Goods as specified in the RSI Terms to be transferred via gift to another RSI Account. The transfer is complete once the receiving RSI Account has accepted the gift. The gifting RSI Account is deemed not to have received anything in return for the gift. To prevent fraud and abuse, each eligible Virtual Good may be gifted only once. Newly created RSI Accounts are not permitted to gift away Virtual Goods for a period of thirty (30) calendar days. Pledge Items associated with over $1,000 USD are subject to financial regulations and may not be gifted. The gifting functionality is not provided to enable or facilitate third-party trades and you are not entitled to any refunds or support by RSI in the event of any transaction in violation of this policy.
The gifting of a Virtual Good is only valid if the Virtual Good has been validly acquired. If the validity in the gifted Virtual Good has fallen away (e.g. because the payment for such Virtual Good is recharged or refunded), the gifted Virtual Good will be removed from the receiving account. You should therefore not purchase or otherwise obtain any Virtual Goods on a secondary or “grey” market as frauds are frequent and RSI is not responsible for the effectiveness or integrity of such third-party transfers.
New:
For Pledge Items subject to the gifting rules introduced on the Gifting Change Date defined in Section VII.B, exchanging an item for Store Credits, upgrading it or reacquiring it through a buyback does not, by itself, make an otherwise ineligible item eligible for gifting. A Pledge Item received as a gift cannot be gifted again through any such process. These provisions do not alter the gifting rules applicable to Legacy Pledges.
B. Gifting
The following rules apply to Pledge Items originally acquired from RSI on or after 30 October 2026 (the “Gifting Change Date”). Pledge Items originally acquired before that date (“Legacy Pledges”) remain subject to the gifting rules applicable when they were acquired. These changes do not impose a new claim deadline on gifts initiated before the Gifting Change Date.
Certain eligible Pledge Items may be acquired as gifts for another person. You must have an RSI Account and select gifting at checkout, entering the intended recipient’s email address before completing the transaction. You are responsible for checking that address. RSI will send you a receipt and a single-use redemption code, and send the intended recipient a separate gift email displaying your RSI handle and any message you include. Completing the gift transaction does not add the Pledge Item to your RSI Account. You cannot subsequently designate a Pledge Item acquired for your own account as a gift.
Anyone holding the code may redeem it while signed into an eligible RSI Account with a confirmed email address. Redemption is not restricted to an account using the email address entered at checkout. Keep the code confidential and share it only with your intended recipient. In these rules, a gift is “claimed” when its code is successfully redeemed, and the “recipient” is the holder of the account that redeems it.
The code must be redeemed within thirty (30) calendar days after completion of the gift transaction. The claim deadline will be stated in the gift notification. Claiming the gift assigns the relevant entitlement and associated benefits to the recipient’s RSI Account; it does not change any applicable release date or delivery arrangements.
You may cancel an unclaimed gift using the cancellation option provided by RSI or by emailing support@cloudimperiumgames.com and identifying the gift. Under these voluntary cancellation arrangements, cancellation takes effect when RSI receives your cancellation request, provided the gift has not already been claimed, even if the request is processed later. If the gift remains unclaimed when the claim period expires, RSI will automatically cancel it and initiate a refund without requiring a request from you. A cancelled or expired gift can no longer be claimed.
RSI will refund the full amount paid for the cancelled or expired gift, including applicable taxes. The refund will be made to you using the original payment method, unless otherwise required by applicable law or expressly agreed with you, without undue delay and within any applicable statutory deadline. Cancelling one gift under these voluntary arrangements does not cancel other items in the same order or limit any statutory right to cancel the whole contract.
Once the recipient claims the gift, neither you nor the recipient is entitled to a refund under RSI’s voluntary change-of-mind refund policy. The Withdrawal Period in Section VI does not apply to gifts covered by these rules, and claiming a gift does not start a new Withdrawal Period. Subject to applicable statutory rights, the claimed Pledge Item cannot be gifted again or transferred to another RSI Account. Any exchange for Store Credits remains subject to Section VII.A; an exchange, upgrade or subsequent buyback does not restore eligibility to gift the item.
Gifting is not available for:
(a.) Pledge Items with a value exceeding US$1,000, or the equivalent in another currency;
(b.) Pledge Items paid for wholly or partly using Store Credits; or
(c.) other Pledge Items identified as ineligible for gifting before the transaction is completed.
The daily gifting limit in Section V also applies. Any additional eligibility restrictions apply prospectively and do not affect a gift transaction already completed.
A gift is valid only if the underlying transaction was validly made and paid for. If that transaction is cancelled or its payment is reversed or charged back, RSI may cancel the affected gift and remove the corresponding Pledge Item or directly attributable replacement entitlement or Store Credits, to the extent justified by that cancellation or payment reversal and permitted by applicable law.
You must not request or receive payment, goods, services or anything else of value in return for a gift. The gifting functionality must not be used to facilitate sales, exchanges or other trades through secondary markets or unauthorised websites. Such transactions breach the RSI Terms and may involve fraud. RSI does not facilitate or resolve dealings between parties to those transactions and will not reimburse payments made to third parties, except where required by applicable law.
Old:
You acknowledge that pursuant to applicable finance, banking, and currency control regulations (including FinCEN) any refunds, e.g. for reversals during the Withdrawal Period, may only be made to the same payment method (credit card, Paypal, bank account, or other), from which the payment was received. In no event can any such refund exceed the amount of actual payments received from you on your RSI Account. No refunds can be made for the value of any Pledge Item(s) or Merchandise already delivered, the value of expired subscription periods or the value associated with any Pledges Items gifted or transferred by you to other RSI Account(s) or received on your RSI Account from other RSI Account(s). Any taxes paid, such as VAT, are not refundable beyond thirty (30) days after the purchase.
New:
Refunds for Pledge Items, including gifts, are governed by Sections VI and VII. Refunds for subscriptions and Merchandise are governed by Sections VIII and IX respectively. These provisions do not limit any applicable statutory rights or remedies. Any refund will be made to the person who made the relevant payment, using the same payment method, unless otherwise required by applicable law or expressly agreed with that person. Subject to applicable law, a refund will not exceed the amount actually paid for the affected transaction or item, including any refundable taxes. The cancellation and refund arrangements for gifts, including refunds of applicable taxes, are set out in Section VII.B.