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Thanks for the question!
Windows 365 is simply a personal device, referred as a "Cloud PC", in the cloud that is managed like any other physical device. On provisioning, regardless of cloud instance, Windows is configured to it's default settings as any other physical device would be. Since Intune is how Cloud PCs are managed, settings and configurations come from the Intune service and are configured per your security settings. Below is a link to a list of security settings available in Intune.
Settings list for the Windows 365 Cloud PC security baseline in Intune - Microsoft Intune | Microsoft Learn
And here is the Service Description of available features in Commercial, GCC and GCCH.
Windows 365 service description - Service Descriptions | Microsoft Learn
What is Windows 365 Government? | Microsoft Learn
Please let us know if this answers your question.
Roy