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Burning
You can burn what you hold. Nobody can burn what somebody else holds.
The rule
A holder burns from their own balance, which reduces supply. There is no issuer burn, no administrative burn and no way for one account to burn another's balance.
Burning does not raise the room under a cap. The maximum is a maximum on what may ever be minted, not a live headroom calculation.
From the Console
The asset's page burns from the organization's own balance and shows what the balance and the supply would become. There is no field for whose balance to burn, because there is no message that could take one.
AVAILABLE Mint, burn and transfer from the Console — /projects/[projectId]/assets/[assetId]
Where: Console → Assets → an asset
First: The same signing key. A FIXED asset has no mint at all.
Requires: ADMIN