diff --git a/.github/workflows/cont_integration.yml b/.github/workflows/cont_integration.yml
index a73b344..93aae51 100644
--- a/.github/workflows/cont_integration.yml
+++ b/.github/workflows/cont_integration.yml
@@ -12,7 +12,7 @@ jobs:
       matrix:
         rust:
           - stable # STABLE
-          - 1.63.0 # MSRV
+          - 1.75.0 # MSRV
     steps:
       - name: Checkout
         uses: actions/checkout@v4
@@ -28,10 +28,6 @@ jobs:
         uses: dtolnay/rust-toolchain@stable
         with:
           toolchain: ${{ matrix.rust }}
-      - name: Pin dependencies for MSRV
-        if: matrix.rust == '1.63.0'
-        run: |
-          cargo update -p rustls --precise "0.23.19"
       - name: Test
         run: cargo test --verbose --all-features
       - name: Setup iptables for the timeout test
@@ -61,12 +57,13 @@ jobs:
         run: cargo fmt --all -- --config format_code_in_doc_comments=true --check
 
   clippy_check:
+    name: Rust clippy
     runs-on: ubuntu-latest
     steps:
       - uses: actions/checkout@v4
       - uses: dtolnay/rust-toolchain@stable
         with:
-          toolchain: 1.78.0
+          toolchain: 1.84.0
           components: clippy
       - name: Rust Cache
         uses: Swatinem/rust-cache@v2.2.1
diff --git a/Cargo.toml b/Cargo.toml
index e0fa581..b29ecf2 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -9,7 +9,7 @@ documentation = "https://docs.rs/electrum-client/"
 description = "Bitcoin Electrum client library. Supports plaintext, TLS and Onion servers."
 keywords = ["bitcoin", "electrum"]
 readme = "README.md"
-rust-version = "1.63.0"
+rust-version = "1.75.0"
 edition = "2021"
 
 # loosely based on https://github.com/evgeniy-scherbina/rust-electrumx-client
@@ -26,7 +26,7 @@ serde_json = { version = "^1.0" }
 
 # Optional dependencies
 openssl = { version = "0.10", optional = true }
-rustls = { version = "0.23.19", optional = true, default-features = false }
+rustls = { version = "0.23.21", optional = true, default-features = false }
 webpki-roots = { version = "0.25", optional = true }
 
 byteorder = { version = "1.0", optional = true }
diff --git a/README.md b/README.md
index 3a1c2bc..af483b9 100644
--- a/README.md
+++ b/README.md
@@ -5,18 +5,11 @@
 [GitHub Workflow]: https://github.com/bitcoindevkit/rust-electrum-client/actions?query=workflow%3ACI
 [Latest Version]: https://img.shields.io/crates/v/electrum-client.svg
 [crates.io]: https://crates.io/crates/electrum-client
-[MSRV Badge]: https://img.shields.io/badge/rustc-1.63.0%2B-lightgrey.svg
-[Rust Blog]: https://blog.rust-lang.org/2022/08/11/Rust-1.63.0.html
+[MSRV Badge]: https://img.shields.io/badge/rustc-1.75.0%2B-lightgrey.svg
+[Rust Blog]: https://blog.rust-lang.org/2023/12/28/Rust-1.75.0.html
 
 Bitcoin Electrum client library. Supports plaintext, TLS and Onion servers.
 
 ## Minimum Supported Rust Version (MSRV)
 
-This library should compile with any combination of features with Rust 1.63.0.
-
-To build with the MSRV you will need to pin dependencies as follows:
-
-```shell
-cargo update -p rustls --precise "0.23.19"
-```
-
+This library should compile with any combination of features with Rust 1.75.0.
diff --git a/clippy.toml b/clippy.toml
index e3b9960..ac9f3cd 100644
--- a/clippy.toml
+++ b/clippy.toml
@@ -1 +1 @@
-msrv="1.63.0"
\ No newline at end of file
+msrv="1.75.0"
\ No newline at end of file
diff --git a/src/socks/mod.rs b/src/socks/mod.rs
index 5aa29c0..2767b9d 100644
--- a/src/socks/mod.rs
+++ b/src/socks/mod.rs
@@ -99,7 +99,7 @@ impl ToTargetAddr for (Ipv6Addr, u16) {
     }
 }
 
-impl<'a> ToTargetAddr for (&'a str, u16) {
+impl ToTargetAddr for (&str, u16) {
     fn to_target_addr(&self) -> io::Result<TargetAddr> {
         // try to parse as an IP first
         if let Ok(addr) = self.0.parse::<Ipv4Addr>() {
@@ -114,7 +114,7 @@ impl<'a> ToTargetAddr for (&'a str, u16) {
     }
 }
 
-impl<'a> ToTargetAddr for &'a str {
+impl ToTargetAddr for &str {
     fn to_target_addr(&self) -> io::Result<TargetAddr> {
         // try to parse as an IP first
         if let Ok(addr) = self.parse::<SocketAddrV4>() {
diff --git a/src/socks/v4.rs b/src/socks/v4.rs
index ed269b1..9d0fc3f 100644
--- a/src/socks/v4.rs
+++ b/src/socks/v4.rs
@@ -148,7 +148,7 @@ impl Read for Socks4Stream {
     }
 }
 
-impl<'a> Read for &'a Socks4Stream {
+impl Read for &Socks4Stream {
     fn read(&mut self, buf: &mut [u8]) -> io::Result<usize> {
         (&self.socket).read(buf)
     }
@@ -164,7 +164,7 @@ impl Write for Socks4Stream {
     }
 }
 
-impl<'a> Write for &'a Socks4Stream {
+impl Write for &Socks4Stream {
     fn write(&mut self, buf: &[u8]) -> io::Result<usize> {
         (&self.socket).write(buf)
     }
diff --git a/src/socks/v5.rs b/src/socks/v5.rs
index de54747..7a602d2 100644
--- a/src/socks/v5.rs
+++ b/src/socks/v5.rs
@@ -135,7 +135,7 @@ enum Authentication<'a> {
     None,
 }
 
-impl<'a> Authentication<'a> {
+impl Authentication<'_> {
     fn id(&self) -> u8 {
         match *self {
             Authentication::Password { .. } => 2,
@@ -329,7 +329,7 @@ impl Read for Socks5Stream {
     }
 }
 
-impl<'a> Read for &'a Socks5Stream {
+impl Read for &Socks5Stream {
     fn read(&mut self, buf: &mut [u8]) -> io::Result<usize> {
         (&self.socket).read(buf)
     }
@@ -345,7 +345,7 @@ impl Write for Socks5Stream {
     }
 }
 
-impl<'a> Write for &'a Socks5Stream {
+impl Write for &Socks5Stream {
     fn write(&mut self, buf: &[u8]) -> io::Result<usize> {
         (&self.socket).write(buf)
     }