diff --git a/src/address.spec.ts b/src/address.spec.ts
index f0a97792..1d138206 100644
--- a/src/address.spec.ts
+++ b/src/address.spec.ts
@@ -1,7 +1,7 @@
 import { Address, Algorithm, PubkeyBytes } from "@iov/bcp";
 import { Encoding } from "@iov/encoding";
 
-import { decodeCosmosAddress, isValidAddress, pubkeyToAddress } from "./address";
+import { decodeCosmosAddress, decodeCosmosPubkey, isValidAddress, pubkeyToAddress } from "./address";
 
 const { fromBase64, fromHex } = Encoding;
 
@@ -28,6 +28,17 @@ describe("address", () => {
     });
   });
 
+  describe("decodeCosmosPubkey", () => {
+    it("works", () => {
+      expect(
+        decodeCosmosPubkey("cosmospub1addwnpepqd8sgxq7aw348ydctp3n5ajufgxp395hksxjzc6565yfp56scupfqhlgyg5"),
+      ).toEqual({
+        prefix: "cosmospub",
+        data: fromBase64("A08EGB7ro1ORuFhjOnZcSgwYlpe0DSFjVNUIkNNQxwKQ"),
+      });
+    });
+  });
+
   describe("isValidAddress", () => {
     it("accepts valid addresses", () => {
       expect(isValidAddress("cosmos1pkptre7fdkl6gfrzlesjjvhxhlc3r4gmmk8rs6")).toEqual(true);
diff --git a/src/address.ts b/src/address.ts
index 853e24af..d36a50d4 100644
--- a/src/address.ts
+++ b/src/address.ts
@@ -1,15 +1,23 @@
 import { Address, Algorithm, PubkeyBundle } from "@iov/bcp";
 import { Ripemd160, Secp256k1, Sha256 } from "@iov/crypto";
-import { Bech32 } from "@iov/encoding";
+import { Bech32, Encoding } from "@iov/encoding";
+import equal from "fast-deep-equal";
 
 export type CosmosAddressBech32Prefix = "cosmos" | "cosmosvalcons" | "cosmosvaloper";
 export type CosmosPubkeyBech32Prefix = "cosmospub" | "cosmosvalconspub" | "cosmosvaloperpub";
 export type CosmosBech32Prefix = CosmosAddressBech32Prefix | CosmosPubkeyBech32Prefix;
 
+// As discussed in https://github.com/binance-chain/javascript-sdk/issues/163
+const pubkeyAminoPrefix = Encoding.fromHex("eb5ae98721");
+
 function isCosmosAddressBech32Prefix(prefix: string): prefix is CosmosAddressBech32Prefix {
   return ["cosmos", "cosmosvalcons", "cosmosvaloper"].includes(prefix);
 }
 
+function isCosmosPubkeyBech32Prefix(prefix: string): prefix is CosmosPubkeyBech32Prefix {
+  return ["cosmospub", "cosmosvalconspub", "cosmosvaloperpub"].includes(prefix);
+}
+
 export function decodeCosmosAddress(
   address: Address,
 ): { readonly prefix: CosmosAddressBech32Prefix; readonly data: Uint8Array } {
@@ -23,6 +31,26 @@ export function decodeCosmosAddress(
   return { prefix: prefix, data: data };
 }
 
+export function decodeCosmosPubkey(
+  encodedPubkey: string,
+): { readonly prefix: CosmosPubkeyBech32Prefix; readonly data: Uint8Array } {
+  const { prefix, data } = Bech32.decode(encodedPubkey);
+  if (!isCosmosPubkeyBech32Prefix(prefix)) {
+    throw new Error(`Invalid bech32 prefix. Must be one of cosmos, cosmosvalcons, or cosmosvaloper.`);
+  }
+
+  if (!equal(data.slice(0, pubkeyAminoPrefix.length), pubkeyAminoPrefix)) {
+    throw new Error("Pubkey does not have the expected amino prefix " + Encoding.toHex(pubkeyAminoPrefix));
+  }
+
+  const rest = data.slice(pubkeyAminoPrefix.length);
+  if (rest.length !== 33) {
+    throw new Error("Invalid rest data length. Expected 33 bytes (compressed secp256k1 pubkey).");
+  }
+
+  return { prefix: prefix, data: rest };
+}
+
 export function isValidAddress(address: string): boolean {
   try {
     decodeCosmosAddress(address as Address);
diff --git a/src/cosmoscodec.ts b/src/cosmoscodec.ts
index 5bce7c36..f4b3619d 100644
--- a/src/cosmoscodec.ts
+++ b/src/cosmoscodec.ts
@@ -22,7 +22,7 @@ import { CosmosBech32Prefix, isValidAddress, pubkeyToAddress } from "./address";
 import { Caip5 } from "./caip5";
 import { parseTx } from "./decode";
 import { buildSignedTx, buildUnsignedTx } from "./encode";
-import { TokenInfos, nonceToAccountNumber, nonceToSequence } from "./types";
+import { nonceToAccountNumber, nonceToSequence, TokenInfos } from "./types";
 
 const { toHex, toUtf8 } = Encoding;
 
diff --git a/src/cosmosconnection.spec.ts b/src/cosmosconnection.spec.ts
index d5a540eb..0a97cd34 100644
--- a/src/cosmosconnection.spec.ts
+++ b/src/cosmosconnection.spec.ts
@@ -17,7 +17,7 @@ import { HdPaths, Secp256k1HdWallet, UserProfile } from "@iov/keycontrol";
 import { CosmosBech32Prefix } from "./address";
 import { CosmosCodec, cosmosCodec } from "./cosmoscodec";
 import { CosmosConnection } from "./cosmosconnection";
-import { TokenInfos, nonceToSequence } from "./types";
+import { nonceToSequence, TokenInfos } from "./types";
 
 const { fromBase64, toHex } = Encoding;
 
diff --git a/src/cosmosconnection.ts b/src/cosmosconnection.ts
index 6646924e..fb5221fd 100644
--- a/src/cosmosconnection.ts
+++ b/src/cosmosconnection.ts
@@ -19,6 +19,7 @@ import {
   Nonce,
   PostableBytes,
   PostTxResponse,
+  PubkeyBundle,
   PubkeyBytes,
   PubkeyQuery,
   Token,
@@ -27,19 +28,18 @@ import {
   TransactionQuery,
   TransactionState,
   UnsignedTransaction,
-  PubkeyBundle,
 } from "@iov/bcp";
-import { Encoding, Uint53, Bech32 } from "@iov/encoding";
+import { Bech32, Encoding, Uint53 } from "@iov/encoding";
 import { DefaultValueProducer, ValueAndUpdates } from "@iov/stream";
 import equal from "fast-deep-equal";
 import { ReadonlyDate } from "readonly-date";
 import { Stream } from "xstream";
 
-import { CosmosBech32Prefix, decodeCosmosAddress, pubkeyToAddress } from "./address";
+import { CosmosBech32Prefix, decodeCosmosPubkey, pubkeyToAddress } from "./address";
 import { Caip5 } from "./caip5";
 import { decodeAmount, parseTxsResponse } from "./decode";
 import { RestClient, TxsResponse } from "./restclient";
-import { TokenInfos, accountToNonce } from "./types";
+import { accountToNonce, TokenInfos } from "./types";
 
 const { fromBase64 } = Encoding;
 
@@ -158,8 +158,7 @@ export class CosmosConnection implements BlockchainConnection {
       : {
           algo: Algorithm.Secp256k1,
           // amino-js has wrong (outdated) types
-          data: Bech32.decode(account.public_key as any).data as PubkeyBytes,
-          // data: decodeCosmosAddress(account.public_key).data as PubkeyBytes,
+          data: decodeCosmosPubkey(account.public_key as any).data as PubkeyBytes,
         };
     return {
       address: address,
diff --git a/types/address.d.ts b/types/address.d.ts
index 776cb61d..252add6e 100644
--- a/types/address.d.ts
+++ b/types/address.d.ts
@@ -8,5 +8,11 @@ export declare function decodeCosmosAddress(
   readonly prefix: CosmosAddressBech32Prefix;
   readonly data: Uint8Array;
 };
+export declare function decodeCosmosPubkey(
+  encodedPubkey: string,
+): {
+  readonly prefix: CosmosPubkeyBech32Prefix;
+  readonly data: Uint8Array;
+};
 export declare function isValidAddress(address: string): boolean;
 export declare function pubkeyToAddress(pubkey: PubkeyBundle, prefix: CosmosBech32Prefix): Address;