ASIC survey finds 23% of Australian Gen Z hold crypto as regulator flags AI and finfluencer risks

The Australian Securities and Investments Commission released survey findings from late 2025 showing that 23% of Gen Z in Australia now own crypto and heavily rely on social media, finfluencers and AI for financial guidance. ASIC warned that high trust in these sources is driving riskier decisions, particularly when unlicensed influencers promote high‑risk products and AI tools offer what may amount to licensed financial advice.