diff --git a/Cargo.toml b/Cargo.toml
index 2dabf65..96c62ea 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -49,13 +49,13 @@ serde = { version = "1.0", default-features = false, features = [ "alloc" ], opt
 zeroize = { version = "1.5", features = ["zeroize_derive"], optional = true }
 
 # Unexported dependnecies
-bitcoin_hashes = { version = ">=0.12, <=0.13", default-features = false }
+bitcoin_hashes = { version = "<0.15", default-features = false }
 unicode-normalization = { version = "0.1.22", default-features = false, optional = true }
 
 [dev-dependencies]
 # Enabling the "rand" feature by default to run the benches
 bip39 = { path = ".", features = ["rand"] }
-bitcoin_hashes = ">=0.12,<0.14" # enable default features for test
+bitcoin_hashes = ">=0.12,<0.15" # enable default features for test
 
 
 [package.metadata.docs.rs]
diff --git a/README.md b/README.md
index b689e88..5b52a92 100644
--- a/README.md
+++ b/README.md
@@ -31,19 +31,12 @@ Use the `all-languages` feature to enable all languages.
 
 This crate supports Rust v1.41.1 and up and works with `no_std`.
 
-The `bitcoin_hashes` range dependency effects the MSRV as follows
+Using `bitcoin_hashes v0.14.0` raises the MSRV to `1.56.1`.
 
-- `bitcoin_hashes v0.12`: MSRV v1.41.1
-- `bitcoin_hashes v0.13`: MSRV v1.48.0
-
-When using older version of Rust, you might have to pin the versions of several crates, for an up-to-date list refer to [`contrib/test.sh`](contrib/test.sh):
-
-```bash
-cargo update --package "bitcoin_hashes" --precise "0.12.0"
-cargo update --package "rand" --precise "0.6.0"
-cargo update --package "libc" --precise "0.2.151"
-cargo update --package "tinyvec" --precise "1.6.0"
-cargo update --package "unicode-normalization" --precise "0.1.22"
+When using older version of Rust, you might have to pin the version of the
+`bitcoin_hashes` crate used as such:
+```
+$ cargo update --package "bitcoin_hashes" --precise "0.12.0"
 ```
 
 If you enable the `zeroize` feature the MSRV becomes 1.51.