diff --git a/lang/python/python-setuptools/Makefile b/lang/python/python-setuptools/Makefile
index fa6ec74e9..aafc5d762 100644
--- a/lang/python/python-setuptools/Makefile
+++ b/lang/python/python-setuptools/Makefile
@@ -8,11 +8,11 @@
 include $(TOPDIR)/rules.mk
 
 PKG_NAME:=python-setuptools
-PKG_VERSION:=67.8.0
+PKG_VERSION:=68.0.0
 PKG_RELEASE:=1
 
 PYPI_NAME:=setuptools
-PKG_HASH:=62642358adc77ffa87233bc4d2354c4b2682d214048f500964dbe760ccedf102
+PKG_HASH:=baf1fdb41c6da4cd2eae722e135500da913332ab3f2f5c7d33af9b492acb5235
 
 PKG_LICENSE:=MIT
 PKG_LICENSE_FILES:=LICENSE