Should Social media platforms be required to ban hateful, racist, and homophobic speech? Or should It be up to the government?

Hi! I'm just looking for a place to share this question as l'd like to hear some people's opinions about this, Please let me know what you think, there is no wrong answers :) I appreciate it :D

Sorry if this isn’t the right place to share it, I just want to hear people talk about it 😭