diff --git a/packages/cli/README.md b/packages/cli/README.md
index 40da3cca..c40c677a 100644
--- a/packages/cli/README.md
+++ b/packages/cli/README.md
@@ -64,9 +64,8 @@ const sendTokensMsg: types.MsgSend = {
   },
 };
 
-const signBytes = makeSignBytes([sendTokensMsg], defaultFee, defaultNetworkId, memo, account) as SignableBytes;
-const rawSignature = await wallet.createTransactionSignature(signer, signBytes, PrehashType.Sha256);
-const signature = encodeSecp256k1Signature(signer.pubkey.data, rawSignature);
+const signBytes = makeSignBytes([sendTokensMsg], defaultFee, defaultNetworkId, memo, account);
+const signature = encodeSecp256k1Signature(pen.pubkey, await pen.createSignature(signBytes));
 const signedTx: types.StdTx = {
     msg: [sendTokensMsg],
     fee: defaultFee,
diff --git a/packages/cli/examples/local_faucet.ts b/packages/cli/examples/local_faucet.ts
index 2b6c6522..21199c9c 100644
--- a/packages/cli/examples/local_faucet.ts
+++ b/packages/cli/examples/local_faucet.ts
@@ -12,10 +12,7 @@ const defaultFee: types.StdFee = {
 
 const faucetMnemonic =
   "economy stock theory fatal elder harbor betray wasp final emotion task crumble siren bottom lizard educate guess current outdoor pair theory focus wife stone";
-const faucetPath = HdPaths.cosmos(0);
 const faucetAddress = "cosmos1pkptre7fdkl6gfrzlesjjvhxhlc3r4gmmk8rs6";
 
-const wallet = Secp256k1HdWallet.fromMnemonic(faucetMnemonic);
-const signer = await wallet.createIdentity("unused_value" as ChainId, faucetPath);
-
+const pen = await Secp256k1Pen.fromMnemonic(faucetMnemonic);
 const client = new RestClient(defaultHttpUrl);
diff --git a/packages/cli/package.json b/packages/cli/package.json
index 44ed3548..156d8d11 100644
--- a/packages/cli/package.json
+++ b/packages/cli/package.json
@@ -34,10 +34,8 @@
   ],
   "dependencies": {
     "@cosmwasm/sdk": "^0.0.3",
-    "@iov/bcp": "^2.0.0-alpha.7",
     "@iov/crypto": "^2.0.0-alpha.7",
     "@iov/encoding": "^2.0.0-alpha.7",
-    "@iov/keycontrol": "^2.0.0-alpha.7",
     "@iov/utils": "^2.0.0-alpha.7",
     "argparse": "^1.0.10",
     "babylon": "^6.18.0",
diff --git a/packages/cli/src/cli.ts b/packages/cli/src/cli.ts
index 5631d517..d39287a9 100644
--- a/packages/cli/src/cli.ts
+++ b/packages/cli/src/cli.ts
@@ -50,29 +50,6 @@ export function main(originalArgs: readonly string[]): void {
         "types",
       ],
     ],
-    [
-      "@iov/bcp",
-      [
-        "Address",
-        "Algorithm",
-        "ChainId",
-        "Nonce",
-        "PrehashType",
-        "PubkeyBytes",
-        "SendTransaction",
-        "SignableBytes",
-        "TokenTicker",
-        "TransactionId",
-        // block info
-        "BlockInfoPending",
-        "BlockInfoSucceeded",
-        "BlockInfoFailed",
-        "BlockInfo",
-        "isBlockInfoPending",
-        "isBlockInfoSucceeded",
-        "isBlockInfoFailed",
-      ],
-    ],
     [
       "@iov/crypto",
       [
@@ -101,20 +78,6 @@ export function main(originalArgs: readonly string[]): void {
         "Uint64",
       ],
     ],
-    [
-      "@iov/keycontrol",
-      [
-        "Ed25519HdWallet",
-        "HdPaths",
-        "Keyring",
-        "Secp256k1HdWallet",
-        "UserProfile",
-        "Wallet",
-        "WalletId",
-        "WalletImplementationIdString",
-        "WalletSerializationString",
-      ],
-    ],
     ["@iov/utils", ["sleep"]],
   ]);
 
@@ -164,9 +127,6 @@ export function main(originalArgs: readonly string[]): void {
       const data = Encoding.toAscii("foo bar");
       const signature = await pen.createSignature(data);
 
-      const profile = new UserProfile();
-      const wallet = profile.addWallet(Ed25519HdWallet.fromMnemonic("degree tackle suggest window test behind mesh extra cover prepare oak script"));
-
       console.info("Done testing, will exit now.");
       process.exit(0);
     `;