India, June 5 -- A Peer-to-Peer Electronic Cash System," Satoshi Nakamoto's 2009 white paper outlining the concept of a decentralized, peer-to-peer payment system alternative to the traditional financial system, was hardly an overnight success.

Yes, while the document gave way to Bitcoin's launch later that year, it wasn't until 2010 that Bitcoin was first used for a real life transaction. However, in the years that followed, Bitcoin's usage as a payment method, as well as use cases for crypto and blockchain technology, grew exponentially.

In a recent interview, Binance CEO Richard Teng reflected on how much crypto has evolved, noting that "Fifteen years ago, crypto was about buying a pizza. Today, it's about building robust payment sys...