No, you miss the point.
If HN decided to ban all posts about Donald Trump that is moderation. Users voluntarily submit to this policy by participating in the site, and if they do not, they will be banned.
If the State of California required that all web sites run from their state are REQUIRED to ban all posts about Donald Trump, that is censorship.
Moderation is "your house, your rules" while censorship is someone else imposing their rules in your house.
Do you see what I'm saying? When France is talking about "moderation" of Telegram, what they actually mean is censorship.