diff --git a/Pipfile b/Pipfile
index f023a51f47..f8093e7e52 100644
--- a/Pipfile
+++ b/Pipfile
@@ -10,7 +10,7 @@ name = "test-pypi"
 
 [dev-packages]
 # we fix exact versions as it's sufficient to have at least one set of compatible dependencies for development
-setuptools = ">=65.5.1"
+setuptools = "==59.6.0"
 aiohttp = ">=3.8.5,<4.0.0"
 asn1crypto = "==1.4.0"
 bech32 = "==1.2.0"
diff --git a/tox.ini b/tox.ini
index 396554aa61..b1d5aaae95 100644
--- a/tox.ini
+++ b/tox.ini
@@ -55,7 +55,7 @@ deps =
     idna<=3.3
     numpy>=1.18.1
     psutil==5.7.0
-    setuptools>=65.5.1
+    setuptools==59.6.0
     ledgerwallet==0.1.3
     construct<=2.10.61
     defusedxml==0.6.0
@@ -67,7 +67,7 @@ whitelist_externals = /bin/sh
 passenv = *
 extras = all
 deps =
-    setuptools>=65.5.1
+    setuptools==59.6.0
 
 [commands-local-install]
 commands =