Unfortunately, the message is built into the tool. The only GPO for snipping tool is to prevent it from running. You could minimize the the message, but unknown if that will stick when deployed to other systems.
hide snipping tool is moving message

We need to hide this message from users how can I do this from gpo/regsitry
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Sean Liming 4,141 Reputation points MVP
2020-10-08T15:50:20.987+00:00 Candy Luo 12,476 Reputation points2020-10-09T07:31:35.777+00:00 Hi ,
As Annabooks said, the message is built into the tool. There is no way to hide this message if you want to use this tool. If possible, I would suggest you just ignore the above message.
Best Regards,
Candy
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Luc Geurts 1 Reputation point2020-10-24T22:01:33.29+00:00 So just ignore or disable a perfectly good tool. And for what? The new snip and sketch is awful to use and will be the first thing that gets removed once we upgrade Windows 10.
It doesn't help just turning full tool off. We just need to make sure the "Try Snip & Sketch" is remove and if possible if we can replace or remove the message.
We still like to use the old tool for time being until we ready to move to new tool