The new name change function will be available next month.
Soon Minecraft players will be able to change their name.
The news comes from a Mojang announcement yesterday, with the developers stating that they "plan to make name changing available on February 4th."
Once the change goes live you will be able to change your name via your Mojang account once every 30 days, if you wish. Plus your old name won't be available for others to use for 37 days after you change it.
Any players you banned using a certain name will continue to be banned even if they change their name too.