Neither, they are related but different tools with different purposes.
Group Policy is primarily intended for enterprise environments and is a catalog of settings whose default state is "Not Set" and which has mechanisms for retrieving Set settings from a trusted authoritative catalog (the domain controllers) in an enterprise environment, and a mechanism for applying the Set settings to the system, primarily by adjusting Registry settings.
The Registry is a database of settings driving many aspects of the Windows environment. It used to control far more of the OS than it does now, but with each recent generation of Windows more and more of it becomes becomes vestigial and ignored by the OS. A setting still existing in the Registry in Windows 11 does not mean it will apply or be effective in the same way it might have in Windows XP or 7.
Which to use?
It doesn't really matter, though I prefer adjusting the Registry. Group policy has the benefit of some description and a friendlier UI with multi-selects or drop-downs. Things you definitely won't find in the Registry.
A setting set in the Registry will typically be overwritten by settings set in the Group Policies, but if you're not consistent in using one or the other, you may then be adjusting things in the registry and wondering why they keep reverting.
This highlights the reasons I prefer the Registry:
- It is direct. It is THE place the system polls for settings information. Group Policy catalogs are a once-removed settings source that have their purpose, but they are a step away from where the settings are actually read from.
- When I've made a change and the expected changes don't happen, I have fewer things to inspect and diagnose, and it's usually just more clear "Oh, Windows doesn't check or apply that setting any longer".