The new policy looks to go into effect from February 8 this year and all iPhone and Android users are getting a pop-up notifying them about this change. WhatsApp notes that users must agree to these terms to continue using the app.
What if you choose not to agree with the new WhatsApp Privacy Policies?
As like say, there is nothing is free in this world, and if an app is really free, you’re not the user of the app, you’re the product.
To refer more in details - WhatsApp Legal Updates