The Federal Communications Commission (FCC) (not the Federall Avaition Administration (FAA)) has come up with a new category of drones referred to as "Toy Drones". This definition applies to a category of drones that are exempt from the FCC's "Covered List". Drones on the covered list are prevented from getting FCC approval which is required for the drones to be imported and sold in the United States.
The FAA has no "Toy Drone" category.
They have drone operations that fall under CFR Title 14, Chapter I, Subchapter F, Part 107 rules and drone operations that fall under 49 USC 44809: Exception for limited recreational operations of unmanned aircraft. Put another way, the FAA rules cover the operation of the drone, while the FCC rules govern what can be imported and sold in the United States.
A drone that has received FCC approval for import still needs to be flown under Part 107 or 44809 rules.
These drones are so small that they would most likely not have Remote ID (RID), so they would most likely not be able to fly under Part 107 rules, and if flying under 44809 rules, they would still need to get airspace approval through LAANC (if in controlled airspace), follow the safety guidelines of a Community Based Organization, and take the TRUST test.
In order for a new drone to be included in the definition of a "Toy Drone," it must meet all of the following specifications:
Must weigh less than 150 grams (5.29 ounces)
Limited to Line of Sight (LOS) operations
Maximum range of 100 meters (328 feet)
Altitude ceiling of 300 feet
Max speed of 10 m/s or 22 mph
No network connectivity (That means no Internet, no Wi-Fi, and no phone app)
No GPS (That means no Return to Home, or position hold)
No camera (That means no FPV)
Flight time of no more than 10 minutes
For additional information see: