Approval of fourth insect as a Novel Food - European Commission, Jan 2023

https://food.ec.europa.eu/safety/novel-food/authorisations/approval-insect-novel-food_en

A selection of questions and answers compiled through the approval process.

Their outline :

referred to "publications" of their "studies"

Safety of frozen and freeze‐dried formulations of the lesser mealworm (Alphitobius diaperinus larva) as a Novel food pursuant to Regulation (EU) 2015/2283 - - 2022 - EFSA Journal - Wiley Online Library https://efsa.onlinelibrary.wiley.com/doi/10.2903/j.efsa.2022.7325
Safety of partially defatted house cricket (Acheta domesticus) powder as a novel food pursuant to Regulation (EU) 2015/2283 - - 2022 - EFSA Journal - Wiley Online Library https://efsa.onlinelibrary.wiley.com/doi/10.2903/j.efsa.2022.7258

The EFSA didn't do any proper testing, and say.. we haven't found any previous data so it's probably safe ..
Bunch of quacks if you ask me.

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There's already insects in food coloring ingredients. So if this freaked you out, don't freak out. There's bugs in your M&M's

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imo, a 'coloring extract' and 'grinded mealworm (larva of Alphitobius diaperinus)' are quite a different comparison.