diff --git a/bip-0003.md b/bip-0003.md
index aaf38fd3..b413d75c 100644
--- a/bip-0003.md
+++ b/bip-0003.md
@@ -395,10 +395,10 @@ Copyright section, possibly providing further details on licensing.
 
 For example, a preamble might include the following License header:
 
-    License: CC0-1.0 OR FSFAP
+    License: CC0-1.0 OR MIT
 
 In this case, the BIP (including all auxiliary files) is made available under the terms of both Creative Commons CC0 1.0 Universal as well as the
-FSF All Permissive License, and anyone may modify and redistribute it provided they comply with the terms of
+MIT License, and anyone may modify and redistribute it provided they comply with the terms of
 *either* license, at their option. In other words, the license list is an "OR choice", not an "AND also" requirement. See the [SPDX
 documentation](https://spdx.dev/ids/) and the [SPDX License List](https://spdx.org/licenses/) for further details.