In its November 12, 2026 evening roundup covering 12:00–21:00, Jinse reported four developments relevant to tokens and crypto services:
- Tokenization: Hong Kong’s Securities and Futures Commission said tokenization in Hong Kong is moving from experimentation toward commercial use.
- Token supply: Hyperliquid had cumulatively burned HYPE tokens equal to 5.05% of the token’s total supply, valued at approximately $3.55 billion in the roundup. A burn removes tokens from supply; the reported figure does not establish what HYPE holders will earn.
- Exchange safeguards: South Korea planned to allow cryptocurrency exchanges to freeze withdrawals when a hack is suspected.
- Stablecoin payments: Gemini sold its UK and European business to stablecoin payments company KAST for less than $10 million.
These are reported developments, not changes announced today. Original roundup: Jinse, published November 12, 2026 at 21:02 China time.