diff --git a/devel/py-setuptools/Makefile b/devel/py-setuptools/Makefile
index fcb1ff843017..a9a4fe79d66e 100644
--- a/devel/py-setuptools/Makefile
+++ b/devel/py-setuptools/Makefile
@@ -1,48 +1,47 @@
 PORTNAME=	setuptools
-PORTVERSION=	63.1.0
-PORTREVISION=	1
+PORTVERSION=	68.0.0
 CATEGORIES=	devel python
 MASTER_SITES=	PYPI
 PKGNAMEPREFIX=	${PYTHON_PKGNAMEPREFIX}
 DIST_SUBDIR=	python
 
 # note: before committing to this port, contact portmgr to arrange for an
 # experimental ports run.  Untested commits may be backed out at portmgr's
 # discretion.
 MAINTAINER=	python@FreeBSD.org
 COMMENT=	Python packages installer
 WWW=		https://pypi.org/project/setuptools/
 
 LICENSE=	MIT
 LICENSE_FILE=	${WRKSRC}/LICENSE
 
 USES=		cpe python
 USE_PYTHON=	allflavors autoplist concurrent distutils
 
 CPE_VENDOR=	python
 
 MAKE_ENV+=	SETUPTOOLS_DISABLE_VERSIONED_EASY_INSTALL_SCRIPT=1
 NO_ARCH=	yes
 PYDISTUTILS_SETUP=	${PYSETUP}
 
 PLIST_FILES=	"@sample %%PYTHON_SITELIBDIR%%/easy-install.pth.dist %%PYTHON_SITELIBDIR%%/easy-install.pth"
 
 .include <bsd.port.pre.mk>
 
 .if ${FLAVOR} != ${FLAVORS:[1]}
 SUB_FILES+=	pkg-message
 SUB_LIST+=	PYTHON_VER=${PYTHON_VER}
 .endif
 
 # These create dependency loops in redports/poudriere, because setuptools
 # is currently an explicit BUILD & RUN dependency in Uses/python.mk.
 #TEST_DEPENDS=  ${PYTHON_PKGNAMEPREFIX}pytest>0:devel/py-pytest@${PY_FLAVOR}
 # pkg install -y py38-pytest py38-mock py38-pytest-fixture-config py38-pytest-virtualenv py38-paver
 
 post-install:
 	${INSTALL_DATA} ${FILESDIR}/easy-install.pth.dist ${STAGEDIR}${PYTHON_SITELIBDIR}/
 
 do-test:
 	cd ${WRKSRC} && ${PYTHON_CMD} -m pytest -v -rs
 
 .include <bsd.port.post.mk>
diff --git a/devel/py-setuptools/distinfo b/devel/py-setuptools/distinfo
index 79396fbdf202..fd4cc724c303 100644
--- a/devel/py-setuptools/distinfo
+++ b/devel/py-setuptools/distinfo
@@ -1,3 +1,3 @@
-TIMESTAMP = 1657634036
-SHA256 (python/setuptools-63.1.0.tar.gz) = 16923d366ced322712c71ccb97164d07472abeecd13f3a6c283f6d5d26722793
-SIZE (python/setuptools-63.1.0.tar.gz) = 2599380
+TIMESTAMP = 1697024825
+SHA256 (python/setuptools-68.0.0.tar.gz) = baf1fdb41c6da4cd2eae722e135500da913332ab3f2f5c7d33af9b492acb5235
+SIZE (python/setuptools-68.0.0.tar.gz) = 2194111
diff --git a/devel/py-setuptools/files/patch-setuptools_package__index.py b/devel/py-setuptools/files/patch-setuptools_package__index.py
deleted file mode 100644
index 85b8319a0b09..000000000000
--- a/devel/py-setuptools/files/patch-setuptools_package__index.py
+++ /dev/null
@@ -1,11 +0,0 @@
---- setuptools/package_index.py.orig	2022-07-04 02:25:25 UTC
-+++ setuptools/package_index.py
-@@ -197,7 +197,7 @@ def unique_values(func):
-     return wrapper
- 
- 
--REL = re.compile(r"""<([^>]*\srel\s*=\s*['"]?([^'">]+)[^>]*)>""", re.I)
-+REL = re.compile(r"""<([^>]*\srel\s{0,10}=\s{0,10}['"]?([^'" >]+)[^>]*)>""", re.I)
- # this line is here to fix emacs' cruddy broken syntax highlighting
- 
-