What is Cosmos Hub
Cosmos Hub is the central network of the Cosmos ecosystem, launched in 2019, built around the idea of an "internet of blockchains": independent networks that remain sovereign but can exchange value via the IBC (Inter-Blockchain Communication) protocol.
Unlike Polkadot, where parachains share the central network's security, in Cosmos each blockchain ("zone") is responsible for its own security — a more decentralised approach that requires each project to build its own validator base.
Frequently asked questions
Is Cosmos Hub regulated in the UK?
The UK has its own evolving regime for cryptoasset regulation, separate from the EU's MiCA framework. Crypto exchanges and custodians must register with the FCA for anti-money laundering purposes, but this doesn't equate to the investor protections that regulated financial instruments like ETFs and shares carry.
What's the difference between buying Cosmos Hub on an exchange versus via an ETP?
On an exchange you hold the keys directly (or the exchange custodies them for you); an ETP (Exchange Traded Product) is instead a listed financial instrument that tracks the price, purchasable through the same broker account you'd use for ETFs and shares.
How is Cosmos Hub taxed in the UK?
Gains from cryptocurrencies in the UK are generally subject to Capital Gains Tax, with specific rules that differ from those for ETFs and shares held in an ISA — this is an evolving area, so check the latest HMRC guidance or speak to a tax adviser for your situation.