diff --git a/CHANGELOG.md b/CHANGELOG.md
index 58344a436..f51e2936c 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,18 @@
 # Changelog
 
+## [v1.5.0](https://github.com/iotaledger/identity.rs/tree/v1.5.0) (2025-01-20)
+
+[Full Changelog](https://github.com/iotaledger/identity.rs/compare/v1.4.0...v1.5.0)
+
+### Added
+
+- SD-JWT VC implementation [\#1413](https://github.com/iotaledger/identity.rs/pull/1413)
+
+### Patch
+
+- Support %-encoded characters in DID URL [\#1496](https://github.com/iotaledger/identity.rs/pull/1496)
+- fix: serialization of status list [\#1423](https://github.com/iotaledger/identity.rs/pull/1423)
+
 ## [v1.4.0](https://github.com/iotaledger/identity.rs/tree/v1.4.0) (2024-09-23)
 
 [Full Changelog](https://github.com/iotaledger/identity.rs/compare/v1.3.1...v1.4.0)
diff --git a/README.md b/README.md
index 773cae64f..407314d78 100644
--- a/README.md
+++ b/README.md
@@ -57,7 +57,7 @@ If you want to include IOTA Identity in your project, simply add it as a depende
 
 ```toml
 [dependencies]
-identity_iota = { version = "1.4.0" }
+identity_iota = { version = "1.5.0" }
 ```
 
 To try out the [examples](https://github.com/iotaledger/identity.rs/blob/HEAD/examples), you can also do this:
@@ -91,7 +91,7 @@ version = "1.0.0"
 edition = "2021"
 
 [dependencies]
-identity_iota = { version = "1.4.0", features = ["memstore"] }
+identity_iota = { version = "1.5.0", features = ["memstore"] }
 iota-sdk = { version = "1.0.2", default-features = true, features = ["tls", "client", "stronghold"] }
 tokio = { version = "1", features = ["full"] }
 anyhow = "1.0.62"
diff --git a/identity_iota/README.md b/identity_iota/README.md
index 773cae64f..407314d78 100644
--- a/identity_iota/README.md
+++ b/identity_iota/README.md
@@ -57,7 +57,7 @@ If you want to include IOTA Identity in your project, simply add it as a depende
 
 ```toml
 [dependencies]
-identity_iota = { version = "1.4.0" }
+identity_iota = { version = "1.5.0" }
 ```
 
 To try out the [examples](https://github.com/iotaledger/identity.rs/blob/HEAD/examples), you can also do this:
@@ -91,7 +91,7 @@ version = "1.0.0"
 edition = "2021"
 
 [dependencies]
-identity_iota = { version = "1.4.0", features = ["memstore"] }
+identity_iota = { version = "1.5.0", features = ["memstore"] }
 iota-sdk = { version = "1.0.2", default-features = true, features = ["tls", "client", "stronghold"] }
 tokio = { version = "1", features = ["full"] }
 anyhow = "1.0.62"