The Russian Federation Savings Bank (Sberbank), Russia's largest bank, said on Thursday that it hopes to provide custody services for Russian cryptocurrency assets and strives to play a leading role in the development of Russian digital assets, according to online reports. Anatoly Pronin, executive director of Sberbank's alternative payment solutions division, said that after seeing more and more foreign banks begin to provide custody services, the bank has submitted proposals to the central bank on the regulation of domestic crypto assets. Pronin said at the cryptocurrency supervision seminar that The Russian Federation's proposal will make the supervision of cryptocurrency assets similar to the supervision of bank account assets, and the bank will ensure the security of tokens. Custody of crypto assets on behalf of customers means they can be frozen if law enforcement suspects wrongdoing, but it makes transactions easier and protects accounts from hackers.