diff --git a/.github/workflows/test-ruby.yml b/.github/workflows/test-ruby.yml
index 2b7e3b7..e4c329a 100644
--- a/.github/workflows/test-ruby.yml
+++ b/.github/workflows/test-ruby.yml
@@ -18,7 +18,9 @@ jobs:
       - name: Setup Ruby and Rust
         uses: oxidize-rb/actions/setup-ruby-and-rust@7ca44a16e287e5ff7dd72ab53f4bd41cbf34a571 #v1.26
         with:
-          ruby-version: "3.3.1"
+          bundler: 2.6.5
+          rubygems: 3.6.5
+          ruby-version: "3.4.2"
           rustup-toolchain: "stable"
           bundler-cache: true
           cargo-cache: true
@@ -27,5 +29,7 @@ jobs:
       - name: Run ruby tests
         run:  |
           cd bindings/ruby
+          gem install bundler
+          bundle install
           cargo clippy --all-targets --no-deps -- -Dwarnings
           bundle exec rake
diff --git a/bindings/ruby/.rubocop.yml b/bindings/ruby/.rubocop.yml
index 8b9e9fa..4ed2b54 100644
--- a/bindings/ruby/.rubocop.yml
+++ b/bindings/ruby/.rubocop.yml
@@ -3,7 +3,7 @@ require:
   - rubocop-rake
 
 AllCops:
-  TargetRubyVersion: 3.0
+  TargetRubyVersion: 3.4
   NewCops: enable
 
 Layout/LineLength:
diff --git a/bindings/ruby/.tool-versions b/bindings/ruby/.tool-versions
index 51f617d..ae5ecdb 100644
--- a/bindings/ruby/.tool-versions
+++ b/bindings/ruby/.tool-versions
@@ -1 +1 @@
-ruby 3.3.1
+ruby 3.4.2
diff --git a/bindings/ruby/Gemfile b/bindings/ruby/Gemfile
index 6230226..9f391c2 100644
--- a/bindings/ruby/Gemfile
+++ b/bindings/ruby/Gemfile
@@ -7,10 +7,10 @@ gemspec
 
 # These gems are required for local development and testing,
 # but won't be included in the published gem
-gem "minitest", "~> 5.23"
+gem "minitest", "~> 5.25"
 gem "rake", "~> 13.2"
-gem "rake-compiler"
-gem "rake-compiler-dock"
-gem "rubocop", "~> 1.64", require: false
-gem "rubocop-minitest", require: false
-gem "rubocop-rake", require: false
+gem "rake-compiler", "~> 1.2"
+gem "rake-compiler-dock", "~> 1.9"
+gem "rubocop", "~> 1.73", require: false
+gem "rubocop-minitest", "~> 0.37.1", require: false
+gem "rubocop-rake", "~> 0.7.1", require: false
diff --git a/bindings/ruby/Gemfile.lock b/bindings/ruby/Gemfile.lock
index bbafe2d..a7be32e 100644
--- a/bindings/ruby/Gemfile.lock
+++ b/bindings/ruby/Gemfile.lock
@@ -1,63 +1,68 @@
 PATH
   remote: .
   specs:
-    regorusrb (0.2.1)
-      rb_sys (~> 0.9.97)
+    regorusrb (0.2.3)
+      rb_sys (~> 0.9.111)
 
 GEM
   remote: https://rubygems.org/
   specs:
     ast (2.4.2)
-    json (2.7.2)
-    language_server-protocol (3.17.0.3)
-    minitest (5.24.1)
-    parallel (1.25.1)
-    parser (3.3.4.0)
+    json (2.10.1)
+    language_server-protocol (3.17.0.4)
+    lint_roller (1.1.0)
+    minitest (5.25.4)
+    parallel (1.26.3)
+    parser (3.3.7.1)
       ast (~> 2.4.1)
       racc
-    racc (1.8.0)
+    racc (1.8.1)
     rainbow (3.1.1)
     rake (13.2.1)
-    rake-compiler (1.2.7)
+    rake-compiler (1.2.9)
       rake
-    rake-compiler-dock (1.5.1)
-    rb_sys (0.9.99)
-    regexp_parser (2.9.2)
-    rexml (3.3.9)
-    rubocop (1.65.0)
+    rake-compiler-dock (1.9.1)
+    rb_sys (0.9.111)
+      rake-compiler-dock (= 1.9.1)
+    regexp_parser (2.10.0)
+    rubocop (1.73.2)
       json (~> 2.3)
-      language_server-protocol (>= 3.17.0)
+      language_server-protocol (~> 3.17.0.2)
+      lint_roller (~> 1.1.0)
       parallel (~> 1.10)
       parser (>= 3.3.0.2)
       rainbow (>= 2.2.2, < 4.0)
-      regexp_parser (>= 2.4, < 3.0)
-      rexml (>= 3.2.5, < 4.0)
-      rubocop-ast (>= 1.31.1, < 2.0)
+      regexp_parser (>= 2.9.3, < 3.0)
+      rubocop-ast (>= 1.38.0, < 2.0)
       ruby-progressbar (~> 1.7)
-      unicode-display_width (>= 2.4.0, < 3.0)
-    rubocop-ast (1.31.3)
+      unicode-display_width (>= 2.4.0, < 4.0)
+    rubocop-ast (1.38.1)
       parser (>= 3.3.1.0)
-    rubocop-minitest (0.35.1)
-      rubocop (>= 1.61, < 2.0)
-      rubocop-ast (>= 1.31.1, < 2.0)
-    rubocop-rake (0.6.0)
-      rubocop (~> 1.0)
+    rubocop-minitest (0.37.1)
+      lint_roller (~> 1.1)
+      rubocop (>= 1.72.1, < 2.0)
+      rubocop-ast (>= 1.38.0, < 2.0)
+    rubocop-rake (0.7.1)
+      lint_roller (~> 1.1)
+      rubocop (>= 1.72.1)
     ruby-progressbar (1.13.0)
-    unicode-display_width (2.5.0)
+    unicode-display_width (3.1.4)
+      unicode-emoji (~> 4.0, >= 4.0.4)
+    unicode-emoji (4.0.4)
 
 PLATFORMS
   ruby
   x86_64-linux
 
 DEPENDENCIES
-  minitest (~> 5.23)
+  minitest (~> 5.25)
   rake (~> 13.2)
-  rake-compiler
-  rake-compiler-dock
+  rake-compiler (~> 1.2)
+  rake-compiler-dock (~> 1.9)
   regorusrb!
-  rubocop (~> 1.64)
-  rubocop-minitest
-  rubocop-rake
+  rubocop (~> 1.73)
+  rubocop-minitest (~> 0.37.1)
+  rubocop-rake (~> 0.7.1)
 
 BUNDLED WITH
-   2.5.13
+   2.6.5
diff --git a/bindings/ruby/ext/regorusrb/Cargo.toml b/bindings/ruby/ext/regorusrb/Cargo.toml
index 9b43325..3e0e7b5 100644
--- a/bindings/ruby/ext/regorusrb/Cargo.toml
+++ b/bindings/ruby/ext/regorusrb/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "regorusrb"
-version = "0.2.2"
-edition = "2021"
+version = "0.2.3"
+edition = "2024"
 description = "Ruby bindings for Regorus - a fast, lightweight Rego interpreter written in Rust"
 publish = false
 
@@ -15,7 +15,7 @@ ast = ["regorus/ast"]
 coverage = ["regorus/coverage"]
 
 [dependencies]
-magnus = { version = "0.6.4" }
+magnus = { version = "0.7.1" }
 regorus = { path = "../../../..", default-features = false, features = ["arc"] }
-serde_json = "1.0.117"
-serde_magnus = "0.8.1"
+serde_json = "1.0.140"
+serde_magnus = "0.9.0"
diff --git a/bindings/ruby/ext/regorusrb/src/lib.rs b/bindings/ruby/ext/regorusrb/src/lib.rs
index 510437f..43b0cac 100644
--- a/bindings/ruby/ext/regorusrb/src/lib.rs
+++ b/bindings/ruby/ext/regorusrb/src/lib.rs
@@ -1,4 +1,4 @@
-use magnus::{exception::runtime_error, method, module, prelude::*, Error, Ruby};
+use magnus::{Error, Ruby, exception::runtime_error, method, module, prelude::*};
 use regorus::Engine as RegorusEngine;
 use std::cell::RefCell;
 use std::cmp::Ordering;
diff --git a/bindings/ruby/lib/regorus/version.rb b/bindings/ruby/lib/regorus/version.rb
index 99ca45f..a709f6b 100644
--- a/bindings/ruby/lib/regorus/version.rb
+++ b/bindings/ruby/lib/regorus/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Regorus
-  VERSION = "0.2.1"
+  VERSION = "0.2.3"
 end
diff --git a/bindings/ruby/regorusrb.gemspec b/bindings/ruby/regorusrb.gemspec
index bae6f49..92b52c3 100644
--- a/bindings/ruby/regorusrb.gemspec
+++ b/bindings/ruby/regorusrb.gemspec
@@ -10,8 +10,8 @@ Gem::Specification.new do |spec|
   spec.summary = "Ruby bindings for Regorus - a fast, lightweight Rego interpreter written in Rust"
   spec.homepage = "https://github.com/microsoft/regorus/blob/main/bindings/ruby"
   spec.license = "MIT"
-  spec.required_ruby_version = ">= 3.0.0"
-  spec.required_rubygems_version = ">= 3.3.11"
+  spec.required_ruby_version = ">= 3.4.2"
+  spec.required_rubygems_version = ">= 3.6.5"
 
   spec.metadata["allowed_push_host"] = "TODO: Set to your gem server 'https://example.com'"
 
@@ -26,5 +26,5 @@ Gem::Specification.new do |spec|
   spec.executables = spec.files.grep(%r{\Aexe/}) { |f| File.basename(f) }
   spec.require_paths = ["lib"]
   spec.extensions = ["ext/regorusrb/extconf.rb"]
-  spec.add_dependency "rb_sys", "~> 0.9.97"
+  spec.add_dependency "rb_sys", "~> 0.9.111"
 end