diff --git a/CHANGELOG.md b/CHANGELOG.md
index 4598ae4..694e3bc 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Change Log
 
+## v2.0.0
+- Update license from MIT to BSL-1.1
+
 ## v1.0.19
 - allow passing `smtpPort` to `verifyEmail` function
 
diff --git a/LICENSE.md b/LICENSE.md
index f5a8c6d..eeb86be 100644
--- a/LICENSE.md
+++ b/LICENSE.md
@@ -1,25 +1,7 @@
-The MIT License (MIT)
+Business Source License 1.1
 =====================
-
-Copyright © `2021` `DEV.ME`
-
-Permission is hereby granted, free of charge, to any person
-obtaining a copy of this software and associated documentation
-files (the “Software”), to deal in the Software without
-restriction, including without limitation the rights to use,
-copy, modify, merge, publish, distribute, sublicense, and/or sell
-copies of the Software, and to permit persons to whom the
-Software is furnished to do so, subject to the following
-conditions:
-
-The above copyright notice and this permission notice shall be
-included in all copies or substantial portions of the Software.
-
-THE SOFTWARE IS PROVIDED “AS IS”, WITHOUT WARRANTY OF ANY KIND,
-EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES
-OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND
-NON INFRINGEMENT. IN NO EVENT SHALL THE AUTHORS OR COPYRIGHT
-HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER LIABILITY,
-WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING
-FROM, OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR
-OTHER DEALINGS IN THE SOFTWARE.
+Business Source License 1.1 https://mariadb.com/bsl11/
+Licensor: DEV.ME, Ltd.
+Licensed Work: Phone Number Validator
+Additional Use Grant: None
+Copyright 2015-present DEV.ME, Ltd.
diff --git a/README.md b/README.md
index 589dd37..e5beef7 100644
--- a/README.md
+++ b/README.md
@@ -38,8 +38,26 @@ Verify email address checking MX records, and SMTP connection, check for disposa
 ## API / Cloud Hosted Service
 We offer this `email verification and validation and more advanced features` in our Scalable Cloud API Service Offering - You could try it here [Email Verification](https://dev.me/products/email)
 
+---
 
-## Self-hosting - installation and usage instructions
+## License
+
+email-validator-js licensed under [Business Source License 1.1](LICENSE).
+The BSL allows use only for non-production purposes.
+
+| Use Case | Is a commercial license required?|
+|----------|-----------|
+| Exploring email-validator-js for your own research, hobbies, and testing purposes | **No** |
+| Using email-validator-js to build a proof-of-concept application | **No** |
+| Using email-validator-js to build revenue-generating applications | **Yes** |
+| Using email-validator-js to build software that is provided as a service (SaaS) | **Yes** |
+| Forking email-validator-js for any production purposes | **Yes** |
+
+To purchase a license for uses not authorized by BSL, please contact us at [sales@dev.me](mailto:sales@dev.me?subject=Interested%20in%20email-validator-js%20commercial%20license).
+
+---
+
+## installation and usage instructions
 
 ## Installation
 Install the module through YARN:
@@ -101,4 +119,4 @@ yarn test
 ## Contributing
 Please feel free to open an issue or create a pull request and fix bugs or add features, All contributions are welcome. Thank you!
 
-## LICENSE [MIT](LICENSE.md)
+## LICENSE [Business Source License 1.1](LICENSE.md)
diff --git a/package.json b/package.json
index dc4a111..97f5722 100644
--- a/package.json
+++ b/package.json
@@ -18,7 +18,7 @@
     "type": "git",
     "url": "https://github.com/devmehq/email-validator-js"
   },
-  "license": "MIT",
+  "license": "BSL 1.1",
   "author": "DEV.ME <support@dev.me> (https://dev.me)",
   "main": "dist/index.js",
   "types": "dist/index.d.ts",