diff --git a/CHANGELOG.md b/CHANGELOG.md
index b2528d8c..7f14b2cb 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,10 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ## [Unreleased]
 
+### Misc
+#### Changed
+- Updated `electrum-client` to version `0.7`
+
 ## [v0.4.0] - [v0.3.0]
 
 ### Keys
diff --git a/Cargo.toml b/Cargo.toml
index 3739064d..4d523102 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -22,7 +22,7 @@ rand = "^0.7"
 
 # Optional dependencies
 sled = { version = "0.34", optional = true }
-electrum-client = { version = "0.6", optional = true }
+electrum-client = { version = "0.7", optional = true }
 reqwest = { version = "0.11", optional = true, features = ["json"] }
 futures = { version = "0.3", optional = true }
 async-trait = { version = "0.1", optional = true }