I'm running into the same issue. I used a terminal command to specifically turn off all extensions so I can't figure it out. Even an OS reinstall from Recovery did nothing!
I'm also getting a crash like this:
Path:									/Applications/Safari.app/Contents/MacOS/Safari
Identifier:						com.apple.Safari
Version:							 14.0 (16610.1.21.1.2)
Build Info:						WebBrowser-7610001021001002~4
Code Type:						 X86-64 (Native)
Parent Process:				??? [1]
Responsible:					 Safari [4047]
User ID:							 501
Date/Time:						 2020-08-03 00:00:45.653 -0400
OS Version:						Mac OS X 10.16 (20A5323l)
Report Version:				12
Bridge OS Version:		 5.0 (18P50335d)
Anonymous UUID:				EE725C0E-757E-37B3-A976-960FE7BC3383
Sleep/Wake UUID:			 B2937BBD-FDAF-4CE5-BD90-077299A51AB7
Time Awake Since Boot: 21000 seconds
Time Since Wake:			 10000 seconds
System Integrity Protection: enabled
Crashed Thread:				0	Dispatch queue: com.apple.main-thread
Exception Type:				EXC_BAD_INSTRUCTION (SIGILL)
Exception Codes:			 0x0000000000000001, 0x0000000000000000
Exception Note:				EXC_CORPSE_NOTIFY
Termination Signal:		Illegal instruction: 4
Termination Reason:		Namespace SIGNAL, Code 0x4
Terminating Process:	 exc handler [4047]
Application Specific Information:
Crashing on exception: Invalid parameter not satisfying: image != nil