Is Monero legal in Canada?
Legal to own, but regulated Canadian access has largely disappeared since 2025.
| Owning XMR | Legal |
|---|---|
| Local exchanges | Delisted by licensed exchanges |
| National rule | No specific rule on privacy coins |
| Regulator | Canadian Securities Administrators (CSA); FINTRAC; CRA |
| Last reviewed | 25 October 2026 |
The legal situation in Canada
No Canadian statute bans owning Monero. Kraken disabled XMR trading for Canadian customers on 2 Sep 2025, citing new compliance requirements in Canada. In September 2025 the RCMP shut down TradeOgre, an unregistered no-KYC exchange, and seized about CA$56M. Registered Canadian platforms are not known to offer XMR.
Key facts
- 2025-09-02: Kraken disabled XMR trading for Canadian customers, citing new compliance requirements.
- 2025-09-18: RCMP announced the takedown of TradeOgre, an unregistered exchange, and a CA$56M seizure.
- 2026-03-05: A CCN survey noted CSA platform-registration rules leading exchanges to limit or remove privacy offerings.
- Tax: 50% of capital gains are taxable; business trading income is fully taxable.
What this means for you
Owning Monero in your own wallet is legal, but regulated exchanges here do not list it or are being pushed to drop it. If you hold XMR on an exchange, read what to do when an exchange delists Monero and move it to a wallet you control. Only use buying routes that are legal where you live; see how to buy Monero.
Sources
bitcoin.tax, ccn.com, support.kraken.com, theblock.co.
Sources are listed by publisher so you can look them up yourself; we do not link out.
General information, not legal or tax advice. Check the regulator's own website before acting.
Frequently asked questions
Is Monero legal in Canada?
Legal to own, but regulated Canadian access has largely disappeared since 2025.
Can I buy Monero on a local exchange in Canada?
No. Licensed exchanges here have delisted XMR or may not list it.