The good news is that Square Enix announced there will not be any content cut or characters altered due to censorship like with the original release. For those of you who did not know, the Japanese version of FF7 was heavily edited from Barrett and Cid cursing to Tifa and Yuffie outfits being changed to appeal to western conservatives.
Fantasy 7 Remake is expected to be released next year on March 3, 2020.