diff --git a/README.rst b/README.rst
index 2155712..65edd4e 100644
--- a/README.rst
+++ b/README.rst
@@ -16,7 +16,7 @@ escaping) as ``commonmark.js``. Since Python versions pre-3.4 use outdated
 implementation into a single file, ``entitytrans.py`` which so far seems
 to work (all tests pass on 2.6, 2.7, 3.3, 3.4, and 3.5).
 
-**Current version:** 0.6.4
+**Current version:** 0.7.0
 
 |Build Status| |Doc Link|
 
diff --git a/docs/conf.py b/docs/conf.py
index 66e2ef9..a4c652f 100644
--- a/docs/conf.py
+++ b/docs/conf.py
@@ -59,9 +59,9 @@
 # built documents.
 #
 # The short X.Y version.
-version = '0.6.0'
+version = '0.7.0'
 # The full version, including alpha/beta/rc tags.
-release = '0.6.0'
+release = '0.7.0'
 
 # The language for content autogenerated by Sphinx. Refer to documentation
 # for a list of supported languages.
diff --git a/setup.py b/setup.py
index 5badbda..b9c107f 100644
--- a/setup.py
+++ b/setup.py
@@ -21,7 +21,7 @@ def run(self):
 setup(
     name="CommonMark",
     packages=find_packages(exclude=['tests']),
-    version="0.6.4",
+    version="0.7.0",
     license="BSD License",
     description="Python parser for the CommonMark Markdown spec",
     author="Bibek Kafle <bkafle662@gmail.com>, " +