diff --git a/README.md b/README.md
index 74bcbfe..5c00e0c 100644
--- a/README.md
+++ b/README.md
@@ -19,7 +19,7 @@ Refer to [SECURITY.md](SECURITY.md) for more details.
 
 ## License
 
-OpenZeppelin Runtime Template for Substrate is released under the [MIT License](LICENSE).
+OpenZeppelin Runtime Template for Substrate is released under the [GNU v3 License](LICENSE).