Crum said investing any of the permanent fund

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“We do have a job or role, particularly Department of Natural Resources and Department of Environmental Conservation, to protect the resources of the stable asset,” Crum said. “And so that comes down to, how are you monitoring that? How are you issuing rights and leases to individuals to use those resources?”

Commissioner of the Alaska Department of Revenue, Adam Crum, delivers his keynote speech on Sunday, July 6, 2025. (Jasz Garrett / Juneau Empire)
Commissioner of the Alaska Department of Revenue, Adam Crum, delivers his keynote speech on Sunday, July 6, 2025. (Jasz Garrett / Juneau Empire)

PFD

In his role as Revenue Commissioner, Crum serves as vice chair of the Alaska Permanent Fund Corporation Board of Trustees. He spoke during his keynote about how bitcoin could be used in managing the Alaska Permanent Fund dividend to increase returns on investments and state revenue.

in Bitcoin is a long-term conversation, as Bitcoin does country email list not fit into a traditional asset class. However, he said board members are discussing cryptocurrency and blockchain with investment staff.

“We don’t want to ignore it,” Crum said. “We see some of the projections of where Bitcoin value is going to be in five years. Why wouldn’t you want to get a part of that now?”

However, Crum stressed that more education is needed and estimated only half of the board had looked into Bitcoin.

Education

Leaders in higher education in Alaska attended the conference. Cameron Carlson, dean of the College of Business and Security Management at the University of Alaska Fairbanks, spoke on a panel about cryptocurrency in higher education.

“Bitcoin cryptocurrencies are anchored enough now that if we are not starting to develop curriculum that are going to teach students about cryptocurrency, how they make decisions about what direction they go, we basically are not meeting business education needs at the end of the day,” Carlson said.