diff --git a/doc/release-notes-14468.md b/doc/release-notes-14468.md
new file mode 100644
--- /dev/null
+++ b/doc/release-notes-14468.md
@@ -0,0 +1,15 @@
+Wallet `generate` RPC method deprecated
+---------------------------------------
+
+The wallet's `generate` RPC method has been deprecated and will be fully
+removed in v0.19.
+
+`generate` is only used for testing. The RPC call reaches across multiple
+subsystems (wallet and mining), so is deprecated to simplify the wallet-node
+interface. Projects that are using `generate` for testing purposes should
+transition to using the `generatetoaddress` call, which does not require or use
+the wallet component. Calling `generatetoaddress` with an address returned by
+`getnewaddress` gives the same functionality as the old `generate` method.
+
+To continue using `generate` in v0.18, restart bitcoind with the
+`-deprecatedrpc=generate` configuration.
diff --git a/src/wallet/rpcwallet.cpp b/src/wallet/rpcwallet.cpp
--- a/src/wallet/rpcwallet.cpp
+++ b/src/wallet/rpcwallet.cpp
@@ -3912,6 +3912,16 @@
                                      .ToString());
     }
 
+    if (!IsDeprecatedRPCEnabled(gArgs, "generate")) {
+        throw JSONRPCError(RPC_METHOD_DEPRECATED,
+                           "The wallet generate rpc method is deprecated and "
+                           "will be fully removed in v0.19. "
+                           "To use generate in v0.18, restart bitcoind with "
+                           "-deprecatedrpc=generate.\n"
+                           "Clients should transition to using the node rpc "
+                           "method generatetoaddress\n");
+    }
+
     int num_generate = request.params[0].get_int();
     uint64_t max_tries = 1000000;
     if (!request.params[1].isNull()) {
diff --git a/test/functional/rpc_deprecated.py b/test/functional/rpc_deprecated.py
--- a/test/functional/rpc_deprecated.py
+++ b/test/functional/rpc_deprecated.py
@@ -4,16 +4,17 @@
 # file COPYING or http://www.opensource.org/licenses/mit-license.php.
 """Test deprecation of RPC calls."""
 from test_framework.test_framework import BitcoinTestFramework
+from test_framework.util import assert_raises_rpc_error
 
 
 class DeprecatedRpcTest(BitcoinTestFramework):
     def set_test_params(self):
         self.num_nodes = 2
         self.setup_clean_chain = True
-        self.extra_args = [
-            [], []]
+        self.extra_args = [[], ["-deprecatedrpc=generate"]]
 
     def skip_test_if_missing_module(self):
+        # The generate RPC method requires the wallet to be compiled
         self.skip_if_no_wallet()
 
     def run_test(self):
@@ -23,7 +24,12 @@
         # self.log.info("Make sure that -deprecatedrpc=createmultisig allows it to take addresses")
         # assert_raises_rpc_error(-5, "Invalid public key", self.nodes[0].createmultisig, 1, [self.nodes[0].getnewaddress()])
         # self.nodes[1].createmultisig(1, [self.nodes[1].getnewaddress()])
-        self.log.info("No tested deprecated RPC methods")
+        self.log.info("Test generate RPC")
+        assert_raises_rpc_error(-32,
+                                'The wallet generate rpc method is deprecated',
+                                self.nodes[0].rpc.generate,
+                                1)
+        self.nodes[1].generate(1)
 
 
 if __name__ == '__main__':
diff --git a/test/functional/rpc_signrawtransaction.py b/test/functional/rpc_signrawtransaction.py
--- a/test/functional/rpc_signrawtransaction.py
+++ b/test/functional/rpc_signrawtransaction.py
@@ -228,7 +228,9 @@
 
         # The multiwallet node can sign the transaction using w1
         w1 = multiwallet_node.get_wallet_rpc('w1')
-        w1.generate(101)
+        multiwallet_node.generatetoaddress(
+            nblocks=101,
+            address=w1.getnewaddress(label='coinbase'))
 
         utxo = w1.listunspent()[0]
         inputs = [{