Have you already tried this how-to guide from Playstation: https://yt.be/help/dQuK ? This may help fix the issue. Let us know how it goes.
@TeamYouTube @AskPlayStation why is it giving me an error when I wanna livestream on YouTube on PS4?
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Yes I have. I can use stream on twitch but on YouTube it gives me an error.
End of conversation
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