Computer Configuration > Administrative Templates > Microsoft Edge
Both
HKLM\Software\Policies\Microsoft\Edge
If you enable this policy all the specified data types will be excluded from synchronization. This policy can be used to limit the type of data uploaded to the Microsoft Edge synchronization service. You can provide one of the following data types for this policy: "favorites", "settings", "passwords", "addressesAndMore", "extensions", "history", "openTabs", "edgeWallet", "collections", "apps", and "edgeFeatureUsage". The "edgeFeatureUsage" data type will be supported starting in Microsoft Edge version 134. Note that these data type names are case sensitive. Users will not be able to override the disabled data types. Example value: favorites