diff --git a/bip38/__init__.py b/bip38/__init__.py
index 063479f..3432ad9 100644
--- a/bip38/__init__.py
+++ b/bip38/__init__.py
@@ -23,7 +23,7 @@
 )
 
 __version__, __license__, __author__, __email__, __description__ = (
-    "v0.1.1",
+    "v0.2.0",
     "MIT",
     "Meheret Tesfaye Batu",
     "meherett.batu@gmail.com",
diff --git a/setup.py b/setup.py
index 0808ee7..09b38ad 100644
--- a/setup.py
+++ b/setup.py
@@ -20,7 +20,7 @@
 
 setup(
     name="bip38",
-    version="v0.1.1",
+    version="v0.2.0",
     description="Python library for implementation of Bitcoin Improvement Proposal - 0038 / BIP38 protocol.",
     long_description=long_description,
     long_description_content_type="text/markdown",