Yeah that checks out exactly with my experience. Going back to an older version isn't an option because most of my friends play on Switch, so I really hope this can be fixed...
I just posted the exact same issue sadly 😞. Is there any chance you went beyond your previously generated world and generated new chunks after updating? I suspect that's the cause on my end, since they changed world seeds in this update.
After reverting to a backup from before I went exploring the freeze still happens at the exact same spot on my minecart track. I even spawned in a whole different place and it still only froze right there. I think there might be something to your corrupted chunk theory. Perhaps the fix is just bordering off a restricted area for players haha