diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4b94ae586..80f2ab28e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -7,6 +7,19 @@ and this project adheres to [Semantic Versioning](https://book.async.rs/overview
 
 ## [Unreleased]
 
+# [1.7.0] - 2020-10-30
+
+This patch adds a feature to enable compatibility with the new `tokio` 0.3.0
+release, and updates internal dependencies.
+
+## Added
+
+- Add `tokio03` feature ([#895](https://github.com/async-rs/async-std/pull/895))
+
+## Internal
+
+- chore: update dependencies ([#897](https://github.com/async-rs/async-std/pull/897))
+
 # [1.6.5] - 2020-09-28
 
 ## Fixed
diff --git a/Cargo.toml b/Cargo.toml
index 1d431d741..25912921c 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "async-std"
-version = "1.6.5"
+version = "1.7.0"
 authors = [
   "Stjepan Glavina <stjepang@gmail.com>",
   "Yoshua Wuyts <yoshuawuyts@gmail.com>",