diff --git a/CHANGELOG.md b/CHANGELOG.md
index a58f452..5e2bf92 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -9,12 +9,14 @@
 
 ### Fixes
 - Fix incremental composite keys ([#144](https://github.com/dbeatty10/dbt-mysql/issues/144))
+- Fix UnicodeDecodeErorr on setup.py ([#160](https://github.com/dbeatty10/dbt-mysql/issues/160))
 
 ### Contributors
 - [@lpezet](https://github.com/lpezet) ([#146](https://github.com/dbeatty10/dbt-mysql/pull/146))
 - [@moszutij](https://github.com/moszutij) ([#146](https://github.com/dbeatty10/dbt-mysql/pull/146), [#144](https://github.com/dbeatty10/dbt-mysql/issues/144))
 - [@wesen](https://github.com/wesen) ([#146](https://github.com/dbeatty10/dbt-mysql/pull/146))
 - [@mwallace582](https://github.com/mwallace582) ([#162](https://github.com/dbeatty10/dbt-mysql/pull/162), [#163](https://github.com/dbeatty10/dbt-mysql/pull/163), [#164](https://github.com/dbeatty10/dbt-mysql/issues/164), [#138](https://github.com/dbeatty10/dbt-mysql/issues/138))
+- [@sagunn-echo](https://github.com/sagunn-echo) ([#160](https://github.com/dbeatty10/dbt-mysql/issues/160))
 
 
 ## dbt-mysql 1.1.0 (Feb 5, 2023)
diff --git a/dev-requirements.txt b/dev-requirements.txt
index c33b7d6..70ec428 100644
--- a/dev-requirements.txt
+++ b/dev-requirements.txt
@@ -5,7 +5,7 @@ git+https://github.com/dbt-labs/dbt-core.git@1.7.latest#egg=dbt-tests-adapter&su
 
 # if version 1.x or greater -> pin to major version
 # if version 0.x -> pin to minor
-black~=22.12
+black~=24.3
 bumpversion~=0.6.0
 ddtrace~=2.3
 jsonschema<=4.17
diff --git a/setup.py b/setup.py
index 6d08cd4..dbc957f 100644
--- a/setup.py
+++ b/setup.py
@@ -24,7 +24,7 @@
 
 # pull long description from README
 this_directory = os.path.abspath(os.path.dirname(__file__))
-with open(os.path.join(this_directory, "README.md")) as f:
+with open(os.path.join(this_directory, "README.md"), encoding="utf-8") as f:
     long_description = f.read()