SharePoint Admin Center

Follow the instructions and guidelines described earlier in “How to Manage Tenant-Wide Sharing Through SharePoint Admin Center.” OneDrive provides the same four sharing options as SharePoint.

Tip: The sharing level for OneDrive must be the same as or more restrictive than the sharing level for SharePoint. For example, if tenant-wide sharing in SharePoint is set to Existing guests, you can only configure OneDrive to use the same setting or the more restrictive Only people in your organization setting.
How to Configure OneDrive Sharing through the OneDrive Admin Center
Log in to the OneDrive admin center.
Navigate to the Sharing

Here, you can set the level of external sharing for OneDrive and configure more fine-grained sharing controls such as:
The type of link generated by default when a user shares a file
The expiration period for links
Whether to allow editing and uploading privileges for links that share OneDrive files or folders externally
Specific domains to allow or block users from receiving sharing invitations
Whether external users must use the same account to receive and accept sharing invitations
Whether external users can share content they don’t own
Whether content owners can audit the list of users who have viewed their content

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