diff --git a/recipes-devtools/rust/rust-source.bb b/recipes-devtools/rust/rust-source.bb
index 80b098a..893a145 100644
--- a/recipes-devtools/rust/rust-source.bb
+++ b/recipes-devtools/rust/rust-source.bb
@@ -8,8 +8,8 @@ inherit shared-source-provide
 require rust-version.inc
 require rust-release.inc
 
-SRC_URI[rust.md5sum] = "234bd912481a04e93b7f2eff0d5b3485"
-SRC_URI[rust.sha256sum] = "641037af7b7b6cad0b231cc20671f8a314fbf2f40fc0901d0b877c39fc8da5a0"
+SRC_URI[rust.md5sum] = "15f1c204580017838301c5c8568e8f3f"
+SRC_URI[rust.sha256sum] = "6df96059d87b718676d9cd879672e4e22418b6093396b4ccb5b5b66df37bf13a"
 LIC_FILES_CHKSUM = "file://COPYRIGHT;md5=eb87dba71cb424233bcce88db3ae2f1a"
 
 SRC_URI_append = "\
diff --git a/recipes-devtools/rust/rust-version.inc b/recipes-devtools/rust/rust-version.inc
index 50ba9ad..aa9a1df 100644
--- a/recipes-devtools/rust/rust-version.inc
+++ b/recipes-devtools/rust/rust-version.inc
@@ -1,6 +1,6 @@
 # Note: if you adjust this, you'll also need to change the hashes in
 # rust-source.bb
 SOURCE_NAME = "rust"
-PV = "1.5.0"
+PV = "1.7.0"
 
 LICENSE = "MIT | Apache-2.0"
diff --git a/recipes-devtools/rust/rust.inc b/recipes-devtools/rust/rust.inc
index 6c4bf8c..7a1cfd2 100644
--- a/recipes-devtools/rust/rust.inc
+++ b/recipes-devtools/rust/rust.inc
@@ -4,7 +4,7 @@ inherit rust-installer
 require rust-shared-source.inc
 require rust-snapshot-2015-08-11.inc
 
-LIC_FILES_CHKSUM ="file://COPYRIGHT;md5=eb87dba71cb424233bcce88db3ae2f1a"
+LIC_FILES_CHKSUM ="file://COPYRIGHT;md5=9c5a05eab0ffc3590e50db38c51d1425"
 
 SUMMARY = "Rust compiler and runtime libaries"
 HOMEPAGE = "http://www.rust-lang.org"