XMRIs Monero (XMR) a security?
#13 by market cap · Last updated Oct 19, 2026 (evidence re-checked)At a glance
Unclear- ConfidenceLowLow-MediumHigh
- US exchange accessKraken US (with limits)
- Regulator (if enacted)SEC or CFTC (undecided)
- Evidence4 sources · 1 official
Is Monero (XMR) a security?
Unclear. Not named in the SEC's digital-commodity examples, and no court ruling on the token itself was found.
There's no official US classification yet, so treatment could go either way. Watch for SEC or CFTC statements and exchange listing changes. Pro alerts flag these for you.
What should I do if my token is "unclear"? →
Why this status
- R5: not named in the SEC's digital-commodity examples, and no court ruling on the token itself was found.
Decentralisation ("mature blockchain" test): Not independently assessed. No reliable, sourced data on control or supply concentration was gathered for this review.
Evidence (4 sources)
1 official
- Exchange listingThird-partyAbsent / not foundOct 19, 2026 · Coinbase
XMR does not appear on Coinbase's 'US (incl. NY) Trading Assets' list.
Coinbase Digital Asset Disclosures: 'US (incl. NY) Trading Assets' list ↗ - ETFThird-partyOct 19, 2026 · CryptoETF.today
No US-listed Monero ETF or filing appears on the ETF tracker.
CryptoETF.today filings tracker ↗ - Exchange listingThird-partyAug 15, 2026 · Kraken
Kraken still supports XMR for US clients but applies rolling 30-day limits (from Aug 15, 2026: $3,500 deposits / $1,500 withdrawals for individuals).
Kraken: deposit and withdrawal limits ↗ - RegulatorOfficial sourceAbsent / not foundMar 23, 2026 · Federal Register (SEC & CFTC)
XMR is not among the SEC's named examples of digital commodities.
SEC interpretation (with CFTC guidance): Application of the Federal Securities Laws to Certain Types of Crypto Assets, Release 33-11412 ↗
Rules by country
Unclear (ClarityCheck estimate, low-medium confidence). The CLARITY Act is not law, so today the SEC's and CFTC's existing frameworks apply.
Under MiCA, trading in the EU runs through authorised crypto-asset service providers (CASPs). We haven't yet checked token-specific MiCA white paper filings for XMR. ESMA register ↗
The UK's new FCA cryptoasset regime starts on Oct 25, 2027. Firms can apply from Sept 30, 2026 until Feb 28, 2027. There's no token-by-token classification list; the rules apply to the firms that offer the token. FCA ↗
XMR questions
Is Monero (XMR) a security?
Unclear. Not named in the SEC's digital-commodity examples, and no court ruling on the token itself was found. No court or regulator has classified it, so we don't guess. Not legal advice.
Can I buy XMR on US exchanges?
US access: Kraken US (with limits). Availability can differ by state and by exchange. See our exchange safety checker.
What would the CLARITY Act change for XMR?
There's no official US classification yet, so treatment could go either way. Watch for SEC or CFTC statements and exchange listing changes. Pro alerts flag these for you.
How reliable is this XMR status?
Confidence is Low-Medium. It comes from fixed rules applied to 4 cited sources (checked Oct 19, 2026), not from opinion. Statuses can change as courts, regulators and Congress act.
Change log
3 entries
- Status reviewEvidence-based review: status set to 'Unclear' (Low-Medium confidence) using ClarityCheck rules. Replaces earlier illustrative demo data.
- Kraken still supports XMR for US clients but applies rolling 30-day limits (from Aug 15, 2026: $3,500 deposits / $1,500 withdrawals for individuals). Source ↗
- XMR is not among the SEC's named examples of digital commodities. Source ↗
Snapshot Oct 19, 2026 · Prices by CoinGecko