diff --git a/.github/workflows/main.yaml b/.github/workflows/main.yaml
index 8930181..f9bd52d 100644
--- a/.github/workflows/main.yaml
+++ b/.github/workflows/main.yaml
@@ -8,7 +8,7 @@ on:
     branches: ["main"]
 
 env:
-  RUST_TOOLCHAIN: 1.70.0
+  RUST_TOOLCHAIN: 1.74.0
   EXASOL_VERSION: 7.0.22
   NUM_NODES: 2
   ETL_TEST_THREADS: 4
diff --git a/README.md b/README.md
index 789c178..3423dd3 100644
--- a/README.md
+++ b/README.md
@@ -5,7 +5,7 @@
 A database driver for Exasol to be used with the Rust [sqlx](https://github.com/launchbadge/sqlx) framework, based on the Exasol [Websocket API](https://github.com/exasol/websocket-api).  
 Inspired by [Py-Exasol](https://github.com/exasol/pyexasol) and based on the (now archived) [rust-exasol](https://github.com/bobozaur/rust-exasol) sync driver.
 
-**MSRV**: `1.70`
+**MSRV**: `1.74`
 
 ## Note
 >The crate's version resembles the `sqlx` version it is based on so that managing dependencies is simpler.   
diff --git a/src/lib.rs b/src/lib.rs
index 06725f1..a30f3f1 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -1,6 +1,6 @@
 //! A database driver for Exasol to be used with the Rust [sqlx](https://github.com/launchbadge/sqlx) framework.  
 //!
-//! **MSRV**: `1.70`
+//! **MSRV**: `1.74`
 //!
 //! ## Crate Features flags
 //! * `etl` - enables the usage ETL jobs without TLS encryption.